Wharton, NJ Cost Of Living
Wharton's Overall Cost Of Living
Higher Than The National Average
In New Jersey
In America
What is the cost of living in Wharton, NJ?
According to the most recent data on the cost of living, Wharton has an overall cost of living index of 117 which is 1.2x higher than the national index of 100.
Compared to only New Jersey, Wharton has a cost of living index that's 1.0x lower than New Jersey's index of 121.
The standard of living in Wharton ranks as #4,630 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Wharton ranks as the #1,789 most expensive place in the Garden State.
Wharton Cost Of Living Vs. New Jersey
| Living Expense | Wharton | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 117 | 121 | 100 | |
| Services | 105 | 107 | 100 | |
| Groceries | 114 | 107 | 100 | |
| Health | 102 | 100 | 100 | |
| Housing | 148 | 160 | 100 | |
| Transportation | 108 | 106 | 100 | |
| Utilities | 91 | 98 | 100 | |
Wharton, 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 | Wharton | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $291,700 | $343,500 | $229,800 |
| Median Rent | $1,889 | $1,368 | $1,096 |
| Median Income | $82,482 | $85,245 | $64,994 |
| Home Value To Income | 3.5x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.19x | 0.2x |
Detailed Wharton Services Costs Vs. New Jersey
| Item | Wharton | New Jersey |
|---|---|---|
| Shampoo | $1.09 | $1.06 |
| Movie | $12.38 | $10.68 |
| Bowling | $20.56 | $14.67 |
Detailed Wharton Groceries Costs Vs. New Jersey
| Item | Wharton | New Jersey |
|---|---|---|
| Ground Beef | $4.21 | $4.22 |
| Fried Chicken | $1.94 | $1.39 |
| Milk | $2.37 | $2.05 |
Detailed Wharton Health Costs Vs. New Jersey
| Item | Wharton | New Jersey |
|---|---|---|
| Haircut | $20.96 | $18.62 |
| Beauty Salon | $45.37 | $39.05 |
| Toothpaste | $2.06 | $2.34 |
Detailed Wharton Transportation Costs Vs. New Jersey
| Item | Wharton | New Jersey |
|---|---|---|
| Potatoes | $3.52 | $3.29 |
| Pizza | $11.27 | $10.62 |
| Beer | $8.27 | $9.38 |
| Optometrist | $92.33 | $108.57 |
| Doctor | $99.57 | $116.17 |
| Dentist | $116.16 | $99.13 |
Detailed Wharton Utilities Costs Vs. New Jersey
| Item | Wharton | New Jersey |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $53.07 | $50.07 |
| All Electricity | $147.86 | $167.67 |
| Phone | $179.87 | $175.64 |
Wharton SnackAbility
/10
Cost Of Living In Cities Around Wharton
| City | Population | Cost Of Living | Vs. Wharton |
|---|---|---|---|
| Dover, NJ | 17,866 | 118 | 1.0x |
| Hopatcong, NJ | 14,228 | 111 | 0.9x |
| Oakland, NJ | 12,953 | 138 | 1.2x |
| Florham Park, NJ | 11,719 | 165 | 1.4x |
| Lincoln Park, NJ | 10,220 | 124 | 1.1x |
| Succasunna, NJ | 9,367 | 134 | 1.1x |
| White Meadow Lake, NJ | 9,166 | 129 | 1.1x |
| Boonton, NJ | 8,510 | 126 | 1.1x |
| Bernardsville, NJ | 7,641 | 164 | 1.4x |
| Mountainside, NJ | 6,859 | 170 | 1.5x |
