Midland Park, NJ Cost Of Living
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.
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 | |
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.
| 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
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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 |
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