What is the cost of living in Madison Park, NJ?
According to the most recent data on the cost of living, Madison Park has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Madison Park has a cost of living index that's 1.0x higher than New Jersey's index of 125.
The standard of living in Madison Park ranks as #93 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Madison Park ranks as the #169 most expensive place in the Garden State.
For more reading on life in Madison Park, check out:
Madison Park Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Madison Park. Here is how it fares on each of the criteria:
The Services index in Madison Park is 109.
The Groceries index in Madison Park is 107.
The Health index in Madison Park is 158.
The Housing index in Madison Park is 114.
The Transportation index in Madison Park is 108.
The Utilities index in Madison Park is 112.
| Living Expense | Madison Park | New Jersey | National Average |
|---|---|---|---|
| Overall | 126 | 125 | 100 |
| Services | 109 | 107 | 100 |
| Groceries | 107 | 113 | 100 |
| Health | 158 | 155 | 100 |
| Housing | 114 | 116 | 100 |
| Transportation | 108 | 112 | 100 |
| Utilities | 112 | 113 | 100 |
Madison Park Cost Of Living Compared To New Jersey Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Jersey, check out:
Protect your home budget Compare home warranties in Madison Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Madison Park, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Madison Park is $534,449.
The Median Rent in Madison Park is $1,528.
The Median Income in Madison Park is $79,509.
The Home Value To Income in Madison Park is 6.7x.
The Rent To Monthly Income in Madison Park is 0.23x.
| Statistic | Madison Park | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $534,449 | $569,411 | $332,700 |
| Median Rent | $1,528 | $1,720 | $1,413 |
| Median Income | $79,509 | $103,556 | $80,734 |
| Home Value To Income | 6.7x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Madison Park, NJ Costs By Category
Detailed Madison Park Services costs vs. New Jersey
| Item | Madison Park | New Jersey |
|---|---|---|
| Shampoo | $1.53 | $1.28 |
| Movie | $14.53 | $12.13 |
| Bowling | $20.98 | $18 |
| Haircut | $30.25 | $24.26 |
| Beauty Salon | $53.0 | $45.56 |
Detailed Madison Park Groceries costs vs. New Jersey
| Item | Madison Park | New Jersey |
|---|---|---|
| Ground Beef | $6.13 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.7 | $4.67 |
| Potatoes | $5.32 | $4.93 |
| Pizza | $12.59 | $12.09 |
| Beer | $11.12 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Madison Park Health costs vs. New Jersey
| Item | Madison Park | New Jersey |
|---|---|---|
| Optometrist | $129.93 | $125.68 |
| Doctor | $124.1 | $135.78 |
| Dentist | $129.94 | $113.29 |
Detailed Madison Park Transportation costs vs. New Jersey
| Item | Madison Park | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $72.38 | $59.92 |
Detailed Madison Park Utilities costs vs. New Jersey
| Item | Madison Park | New Jersey |
|---|---|---|
| All Electricity | $223.08 | $193.99 |
| Phone | $186.61 | $192.25 |
Madison Park SnackAbility
Cost Of Living In Cities Around Madison Park
The cost of living varies in the cities and towns around Madison Park. Here's a quick look at the cost of living in the most populous nearby places:
Sayreville, NJ has a cost of living index of 126, 1.0x Madison Park.
Westfield, NJ has a cost of living index of 182, 1.4x Madison Park.
Old Bridge, NJ has a cost of living index of 129, 1.0x Madison Park.
| City | Population | Cost Of Living | Vs. Madison Park |
|---|---|---|---|
| Sayreville, NJ | 45,838 | 126 | 1.0x |
| Westfield, NJ | 31,111 | 182 | 1.4x |
| Old Bridge, NJ | 28,236 | 129 | 1.0x |
| Colonia, NJ | 18,587 | 136 | 1.1x |
| South River, NJ | 16,124 | 127 | 1.0x |
| Middlesex, NJ | 14,645 | 128 | 1.0x |
| New Providence, NJ | 13,727 | 167 | 1.3x |
| Martinsville, NJ | 11,559 | 166 | 1.3x |
| South Amboy, NJ | 9,989 | 130 | 1.0x |
| Matawan, NJ | 9,710 | 133 | 1.1x |
