What is the cost of living in Midland Park, NJ?
According to the most recent data on the cost of living, Midland Park has an overall cost of living index of 151, which is 1.5x higher than the national index of 100.
Compared to New Jersey, Midland Park has a cost of living index that's 1.2x higher than New Jersey's index of 125.
The standard of living in Midland Park ranks as #202 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Midland Park ranks as the #60 most expensive place in the Garden State.
For more reading on life in Midland Park, check out:
Midland Park Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Midland Park. Here is how it fares on each of the criteria:
The Services index in Midland Park is 109.
The Groceries index in Midland Park is 109.
The Health index in Midland Park is 249.
The Housing index in Midland Park is 111.
The Transportation index in Midland Park is 107.
The Utilities index in Midland Park is 114.
| Living Expense | Midland Park | New Jersey | National Average |
|---|---|---|---|
| Overall | 151 | 125 | 100 |
| Services | 109 | 107 | 100 |
| Groceries | 109 | 113 | 100 |
| Health | 249 | 155 | 100 |
| Housing | 111 | 116 | 100 |
| Transportation | 107 | 112 | 100 |
| Utilities | 114 | 113 | 100 |
Midland 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 Midland Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Midland 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 Midland Park is $732,464.
The Median Rent in Midland Park is $1,853.
The Median Income in Midland Park is $146,841.
The Home Value To Income in Midland Park is 5.0x.
The Rent To Monthly Income in Midland Park is 0.15x.
| Statistic | Midland Park | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $732,464 | $569,411 | $332,700 |
| Median Rent | $1,853 | $1,720 | $1,413 |
| Median Income | $146,841 | $103,556 | $80,734 |
| Home Value To Income | 5.0x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.21x |
Midland Park, NJ Costs By Category
Detailed Midland Park Services costs vs. New Jersey
| Item | Midland Park | New Jersey |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $15.78 | $12.13 |
| Bowling | $21.0 | $18 |
| Haircut | $25.62 | $24.26 |
| Beauty Salon | $41.67 | $45.56 |
Detailed Midland Park Groceries costs vs. New Jersey
| Item | Midland Park | New Jersey |
|---|---|---|
| Ground Beef | $5.65 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.33 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Midland Park Health costs vs. New Jersey
| Item | Midland Park | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
Detailed Midland Park Transportation costs vs. New Jersey
| Item | Midland Park | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
Detailed Midland Park Utilities costs vs. New Jersey
| Item | Midland Park | New Jersey |
|---|---|---|
| All Electricity | $236.04 | $193.99 |
| Phone | $186.61 | $192.25 |
Midland Park SnackAbility
Cost Of Living In Cities Around Midland Park
The cost of living varies in the cities and towns around Midland Park. Here's a quick look at the cost of living in the most populous nearby places:
Ridgewood, NJ has a cost of living index of 182, 1.2x Midland Park.
Eastchester, NY has a cost of living index of 168, 1.1x Midland Park.
Hawthorne, NJ has a cost of living index of 140, 0.9x Midland Park.
| City | Population | Cost Of Living | Vs. Midland Park |
|---|---|---|---|
| Ridgewood, NJ | 26,308 | 182 | 1.2x |
| Eastchester, NY | 20,491 | 168 | 1.1x |
| Hawthorne, NJ | 19,628 | 140 | 0.9x |
| Scarsdale, NY | 18,010 | 280 | 1.9x |
| Glen Rock, NJ | 12,154 | 174 | 1.2x |
| Dobbs Ferry, NY | 11,443 | 173 | 1.1x |
| Franklin Lakes, NJ | 11,084 | 221 | 1.5x |
| Waldwick, NJ | 10,164 | 145 | 1.0x |
| North Haledon, NJ | 8,778 | 152 | 1.0x |
| Briarcliff Manor, NY | 7,519 | 178 | 1.2x |
