Short Hills, NJ Cost Of Living
Short Hills's Overall Cost Of Living
Higher Than The National Average
In New Jersey
In America
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.
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 | |
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.
Median Home Value
Median Rent
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
/10
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 |
