Midland Park, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
144
Midland Park's Overall Cost Of Living
1.4x
Higher Than The National Average
187 out of 251
In New Jersey
5,704 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 Midland Park is expensive, while a number below 100 means it's a relatively cheap place to live.

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 144 which is 1.4x higher than the national index of 100.

Compared to only New Jersey, Midland Park has a cost of living index that's 1.2x higher than New Jersey's index of 121.

The standard of living in Midland Park ranks as #5,707 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Midland Park ranks as the #712 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

Living Expense Midland Park New Jersey National Average
Overall 144 121 100
Services 112 107 100
Groceries 105 107 100
Health 95 100 100
Housing 223 160 100
Transportation 109 106 100
Utilities 104 98 100
For more reading on cost of living around New Jersey, check out:
Midland Park Cost of Living Vs. NJ

Midland Park, 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.

$497,500
Median Home Value
$1,662
Median Rent
$121,607
Median Income
Statistic Midland Park New Jersey United States
Median Home Value $497,500 $343,500 $229,800
Median Rent $1,662 $1,368 $1,096
Median Income $121,607 $85,245 $64,994
Home Value To Income 4.1x 4.0x 3.5x
Rent To Monthly Income 0.16x 0.19x 0.2x

Detailed Midland Park Services Costs Vs. New Jersey

Item Midland Park New Jersey
Shampoo $1.0 $1.06
Movie $12.49 $10.68
Bowling $18.0 $14.67

Detailed Midland Park Groceries Costs Vs. New Jersey

Item Midland Park New Jersey
Ground Beef $4.09 $4.22
Fried Chicken $1.79 $1.39
Milk $2.44 $2.05

Detailed Midland Park Health Costs Vs. New Jersey

Item Midland Park New Jersey
Haircut $20.93 $18.62
Beauty Salon $36.53 $39.05
Toothpaste $2.22 $2.34

Detailed Midland Park Transportation Costs Vs. New Jersey

Item Midland Park New Jersey
Potatoes $3.25 $3.29
Pizza $11.36 $10.62
Beer $9.32 $9.38
Optometrist $106.0 $108.57
Doctor $91.0 $116.17
Dentist $102.33 $99.13

Detailed Midland Park Utilities Costs Vs. New Jersey

Item Midland Park New Jersey
Gasoline $2.37 $2.22
Tire Balancing $54.12 $50.07
All Electricity $178.53 $167.67
Phone $179.87 $175.64

Midland Park SnackAbility

10
/10
Overall SnackAbility
Jobs
8/10
Housing
9.5
Affordability
7
Diversity
7
Safety
9
Amenities
8.5
Education
8.5
Commute
6

Cost Of Living In Cities Around Midland Park

City Population Cost Of Living Vs. Midland Park
Ridgewood, NJ 25,110 176 1.2x
Eastchester, NY 19,911 163 1.1x
Hawthorne, NJ 18,762 130 0.9x
Scarsdale, NY 17,890 265 1.8x
Glen Rock, NJ 11,747 163 1.1x
Franklin Lakes, NJ 11,044 207 1.4x
Dobbs Ferry, NY 10,959 169 1.2x
Waldwick, NJ 10,051 143 1.0x
North Haledon, NJ 8,425 140 1.0x
Briarcliff Manor, NY 7,695 175 1.2x

Articles About New Jersey

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