According to the most recent data on the cost of living, Upper Montclair has an overall cost of living index of 169 which is 1.7x higher than the national index of 100.
Compared to only New Jersey, Upper Montclair has a cost of living index that's 1.4x higher than New Jersey's index of 121.
The standard of living in Upper Montclair ranks as #6,116 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Upper Montclair ranks as the #302 most expensive place in the Garden State.
Living Expense | Upper Montclair | New Jersey | National Average | |
---|---|---|---|---|
Overall | 169 | 121 | 100 | |
Services | 114 | 107 | 100 | |
Groceries | 106 | 107 | 100 | |
Health | 96 | 100 | 100 | |
Housing | 315 | 160 | 100 | |
Transportation | 110 | 106 | 100 | |
Utilities | 104 | 98 | 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 | Upper Montclair | New Jersey | United States |
---|---|---|---|
Median Home Value | $755,100 | $343,500 | $229,800 |
Median Rent | $2,127 | $1,368 | $1,096 |
Median Income | $214,726 | $85,245 | $64,994 |
Home Value To Income | 3.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.12x | 0.19x | 0.2x |
Item | Upper Montclair | New Jersey |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $12.49 | $10.68 |
Bowling | $18.0 | $14.67 |
Item | Upper Montclair | New Jersey |
---|---|---|
Ground Beef | $4.09 | $4.22 |
Fried Chicken | $1.79 | $1.39 |
Milk | $2.44 | $2.05 |
Item | Upper Montclair | New Jersey |
---|---|---|
Haircut | $20.93 | $18.62 |
Beauty Salon | $36.53 | $39.05 |
Toothpaste | $2.22 | $2.34 |
Item | Upper Montclair | 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 |
Item | Upper Montclair | New Jersey |
---|---|---|
Gasoline | $2.37 | $2.22 |
Tire Balancing | $54.12 | $50.07 |
All Electricity | $178.53 | $167.67 |
Phone | $179.87 | $175.64 |
City | Population | Cost Of Living | Vs. Upper Montclair |
---|---|---|---|
Clifton, NJ | 85,201 | 128 | 0.8x |
Passaic, NJ | 69,789 | 122 | 0.7x |
Nanuet, NY | 19,148 | 145 | 0.9x |
Pearl River, NY | 16,340 | 146 | 0.9x |
Woodland Park, NJ | 12,608 | 133 | 0.8x |
Florham Park, NJ | 11,719 | 165 | 1.0x |
Suffern, NY | 10,945 | 127 | 0.8x |
Totowa, NJ | 10,810 | 131 | 0.8x |
Lincoln Park, NJ | 10,220 | 124 | 0.7x |
Brookdale, NJ | 9,604 | 131 | 0.8x |