What is the cost of living in Pompton Lakes, NJ?
According to the most recent data on the cost of living, Pompton Lakes has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Pompton Lakes has a cost of living index that's 1.0x higher than New Jersey's index of 125.
The standard of living in Pompton Lakes ranks as #110 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Pompton Lakes ranks as the #152 most expensive place in the Garden State.
For more reading on life in Pompton Lakes, check out:
Pompton Lakes Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Pompton Lakes. Here is how it fares on each of the criteria:
The Services index in Pompton Lakes is 111.
The Groceries index in Pompton Lakes is 113.
The Health index in Pompton Lakes is 171.
The Housing index in Pompton Lakes is 120.
The Transportation index in Pompton Lakes is 113.
The Utilities index in Pompton Lakes is 111.
| Living Expense | Pompton Lakes | New Jersey | National Average |
|---|---|---|---|
| Overall | 129 | 125 | 100 |
| Services | 111 | 107 | 100 |
| Groceries | 113 | 113 | 100 |
| Health | 171 | 155 | 100 |
| Housing | 120 | 116 | 100 |
| Transportation | 113 | 112 | 100 |
| Utilities | 111 | 113 | 100 |
Pompton Lakes 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 Pompton Lakes Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Pompton Lakes, 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 Pompton Lakes is $548,025.
The Median Rent in Pompton Lakes is $1,845.
The Median Income in Pompton Lakes is $124,454.
The Home Value To Income in Pompton Lakes is 4.4x.
The Rent To Monthly Income in Pompton Lakes is 0.18x.
| Statistic | Pompton Lakes | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $548,025 | $569,411 | $332,700 |
| Median Rent | $1,845 | $1,720 | $1,413 |
| Median Income | $124,454 | $103,556 | $80,734 |
| Home Value To Income | 4.4x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Pompton Lakes, NJ Costs By Category
Detailed Pompton Lakes Services costs vs. New Jersey
| Item | Pompton Lakes | New Jersey |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $14.15 | $12.13 |
| Bowling | $25.03 | $18 |
| Haircut | $29.17 | $24.26 |
| Beauty Salon | $40.36 | $45.56 |
Detailed Pompton Lakes Groceries costs vs. New Jersey
| Item | Pompton Lakes | New Jersey |
|---|---|---|
| Ground Beef | $5.64 | $5.84 |
| Fried Chicken | $1.55 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.66 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Pompton Lakes Health costs vs. New Jersey
| Item | Pompton Lakes | New Jersey |
|---|---|---|
| Optometrist | $105.11 | $125.68 |
| Doctor | $117.94 | $135.78 |
| Dentist | $121.22 | $113.29 |
Detailed Pompton Lakes Transportation costs vs. New Jersey
| Item | Pompton Lakes | New Jersey |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $77.33 | $59.92 |
Detailed Pompton Lakes Utilities costs vs. New Jersey
| Item | Pompton Lakes | New Jersey |
|---|---|---|
| All Electricity | $230.68 | $193.99 |
| Phone | $186.61 | $192.25 |
Pompton Lakes SnackAbility
Cost Of Living In Cities Around Pompton Lakes
The cost of living varies in the cities and towns around Pompton Lakes. Here's a quick look at the cost of living in the most populous nearby places:
Nanuet, NY has a cost of living index of 143, 1.1x Pompton Lakes.
Oakland, NJ has a cost of living index of 149, 1.2x Pompton Lakes.
Suffern, NY has a cost of living index of 128, 1.0x Pompton Lakes.
| City | Population | Cost Of Living | Vs. Pompton Lakes |
|---|---|---|---|
| Nanuet, NY | 19,799 | 143 | 1.1x |
| Oakland, NJ | 12,768 | 149 | 1.2x |
| Suffern, NY | 11,441 | 128 | 1.0x |
| Wanaque, NJ | 11,206 | 135 | 1.0x |
| Franklin Lakes, NJ | 11,084 | 221 | 1.7x |
| Lincoln Park, NJ | 10,957 | 133 | 1.0x |
| Chestnut Ridge, NY | 10,557 | 153 | 1.2x |
| Kinnelon, NJ | 10,013 | 170 | 1.3x |
| Valley Cottage, NY | 9,165 | 144 | 1.1x |
| Hillcrest, NY | 9,071 | 141 | 1.1x |
