Short Hills, NJ Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
241
Short Hills's Overall Cost Of Living
2.4x
Higher Than The National Average
251 out of 251
In New Jersey
6,381 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 Short Hills is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Short Hills, NJ?

According to the most recent data on the cost of living, Short Hills has an overall cost of living index of 241 which is 2.4x higher than the national index of 100.

Compared to only New Jersey, Short Hills has a cost of living index that's 2.0x higher than New Jersey's index of 121.

The standard of living in Short Hills ranks as #6,387 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Short Hills ranks as the #31 most expensive place in the Garden State.

For more reading on life in Short Hills, check out:

Short Hills Cost Of Living Vs. New Jersey

Living Expense Short Hills New Jersey National Average
Overall 241 121 100
Services 116 107 100
Groceries 106 107 100
Health 98 100 100
Housing 553 160 100
Transportation 106 106 100
Utilities 105 98 100
For more reading on cost of living around New Jersey, check out:
Short Hills Cost of Living Vs. NJ

Short Hills, 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.

$1,388,700
Median Home Value
$2,935
Median Rent
$250,001
Median Income
Statistic Short Hills New Jersey United States
Median Home Value $1,388,700 $343,500 $229,800
Median Rent $2,935 $1,368 $1,096
Median Income $250,001 $85,245 $64,994
Home Value To Income 5.6x 4.0x 3.5x
Rent To Monthly Income 0.14x 0.19x 0.2x

Detailed Short Hills Services Costs Vs. New Jersey

Item Short Hills New Jersey
Shampoo $1.0 $1.06
Movie $12.49 $10.68
Bowling $18.0 $14.67

Detailed Short Hills Groceries Costs Vs. New Jersey

Item Short Hills New Jersey
Ground Beef $4.09 $4.22
Fried Chicken $1.79 $1.39
Milk $2.44 $2.05

Detailed Short Hills Health Costs Vs. New Jersey

Item Short Hills New Jersey
Haircut $20.93 $18.62
Beauty Salon $36.53 $39.05
Toothpaste $2.22 $2.34

Detailed Short Hills Transportation Costs Vs. New Jersey

Item Short Hills 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 Short Hills Utilities Costs Vs. New Jersey

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

Short Hills SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
10
Affordability
7
Diversity
9
Safety
N/A
Amenities
8.5
Education
10
Commute
1

Cost Of Living In Cities Around Short Hills

City Population Cost Of Living Vs. Short Hills
Westfield, NJ 29,690 170 0.7x
Summit, NJ 21,913 185 0.8x
Madison, NJ 16,647 164 0.7x
Roselle Park, NJ 13,574 119 0.5x
New Providence, NJ 13,382 154 0.6x
Hasbrouck Heights, NJ 12,026 134 0.6x
Glen Rock, NJ 11,747 163 0.7x
Florham Park, NJ 11,719 165 0.7x
Martinsville, NJ 11,384 155 0.6x
Lincoln Park, NJ 10,220 124 0.5x

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