According to the most recent data on the cost of living, Union City has an overall cost of living index of 135 which is 1.4x higher than the national index of 100.
Compared to only New Jersey, Union City has a cost of living index that's 1.1x higher than New Jersey's index of 123.
The standard of living in Union City ranks as #5440 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Union City ranks as the #966 most expensive place in the Garden State.
Living Expense | Union City | New Jersey | National Average | |
---|---|---|---|---|
Overall | 135 | 123 | 100 | |
Services | 136 | 111 | 100 | |
Groceries | 142 | 110 | 100 | |
Health | 110 | 102 | 100 | |
Housing | 145 | 158 | 100 | |
Transportation | 128 | 110 | 100 | |
Utilities | 111 | 100 | 100 |
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 | Union City | New Jersey | United States |
---|---|---|---|
Median Home Value | $317,600 | $327,900 | $204,900 |
Median Rent | $1,202 | $1,295 | $1,023 |
Median Income | $45,636 | $79,363 | $60,293 |
Home Value To Income | 7.0x | 4.1x | 3.4x |
Rent To Monthly Income | 0.32x | 0.2x | 0.2x |