Lake Mohawk, NJ Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
121
Lake Mohawk's Overall Cost Of Living
1.2x
Higher Than The National Average
97 out of 251
In New Jersey
4,857 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lake Mohawk is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lake Mohawk, NJ?

According to the most recent data on the cost of living, Lake Mohawk has an overall cost of living index of 121 which is 1.2x higher than the national index of 100.

Compared to only New Jersey, Lake Mohawk has a cost of living index that's 1.0x lower than New Jersey's index of 121.

The standard of living in Lake Mohawk ranks as #4,859 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Lake Mohawk ranks as the #1,560 most expensive place in the Garden State.

For more reading on life in Lake Mohawk, check out:

Lake Mohawk Cost Of Living Vs. New Jersey

Living Expense Lake Mohawk New Jersey National Average
Overall 121 121 100
Services 102 107 100
Groceries 113 107 100
Health 100 100 100
Housing 162 160 100
Transportation 109 106 100
Utilities 94 98 100
For more reading on cost of living around New Jersey, check out:
Lake Mohawk Cost of Living Vs. NJ

Lake Mohawk, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$348,300
Median Home Value
$1,943
Median Rent
$112,837
Median Income
Statistic Lake Mohawk New Jersey United States
Median Home Value $348,300 $343,500 $229,800
Median Rent $1,943 $1,368 $1,096
Median Income $112,837 $85,245 $64,994
Home Value To Income 3.1x 4.0x 3.5x
Rent To Monthly Income 0.21x 0.19x 0.2x

Detailed Lake Mohawk Services Costs Vs. New Jersey

Item Lake Mohawk New Jersey
Shampoo $1.09 $1.06
Movie $12.38 $10.68
Bowling $20.56 $14.67

Detailed Lake Mohawk Groceries Costs Vs. New Jersey

Item Lake Mohawk New Jersey
Ground Beef $4.21 $4.22
Fried Chicken $1.94 $1.39
Milk $2.37 $2.05

Detailed Lake Mohawk Health Costs Vs. New Jersey

Item Lake Mohawk New Jersey
Haircut $20.96 $18.62
Beauty Salon $45.37 $39.05
Toothpaste $2.06 $2.34

Detailed Lake Mohawk Transportation Costs Vs. New Jersey

Item Lake Mohawk New Jersey
Potatoes $3.52 $3.29
Pizza $11.27 $10.62
Beer $8.27 $9.38
Optometrist $92.33 $108.57
Doctor $99.57 $116.17
Dentist $116.16 $99.13

Detailed Lake Mohawk Utilities Costs Vs. New Jersey

Item Lake Mohawk New Jersey
Gasoline $2.45 $2.22
Tire Balancing $53.07 $50.07
All Electricity $147.86 $167.67
Phone $179.87 $175.64

Lake Mohawk SnackAbility

6
/10
Overall SnackAbility
Jobs
9.5/10
Housing
9
Affordability
6
Diversity
6
Safety
N/A
Amenities
8.5
Education
9.5
Commute
3

Cost Of Living In Cities Around Lake Mohawk

City Population Cost Of Living Vs. Lake Mohawk
Hopatcong, NJ 14,228 111 0.9x
Kinnelon, NJ 9,988 152 1.3x
Succasunna, NJ 9,367 134 1.1x
White Meadow Lake, NJ 9,166 129 1.1x
Boonton, NJ 8,510 126 1.0x
Newton, NJ 7,935 106 0.9x
Butler, NJ 7,669 123 1.0x
Bernardsville, NJ 7,641 164 1.4x
Wharton, NJ 6,458 117 1.0x
Morris Plains, NJ 5,888 147 1.2x

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