Cost of living in Brookdale research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Brookdale is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Brookdale is 131, with 100 being the average.
The cost of living index in Brookdale is 1.3x higher than the national average.
Brookdale ranks as the #142 cheapest in New Jersey out of 251.
Brookdale ranks as the #5,294 cheapest out of 6,412 in the US.
The median home value in Brookdale is $420,500.
The median income in Brookdale is $141,953.
According to the most recent data on the cost of living, Brookdale has an overall cost of living index of 131, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Brookdale has a cost of living index that's 1.2x higher than New Jersey's index of 111.
The standard of living in Brookdale ranks as #142 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Brookdale ranks as the #109 most expensive place in the Garden State.
For more reading on life in Brookdale, check out:
Six factors go into calculating the cost of living index in Brookdale. Here is how it fairs on each of the criteria:
The Services index in Brookdale is 114.
The Groceries index in Brookdale is 106.
The Health index in Brookdale is 99.
The Housing index in Brookdale is 181.
The Transportation index in Brookdale is 107.
The Utilities index in Brookdale is 104.
Living Expense | Brookdale | New Jersey | National Average | |
---|---|---|---|---|
Overall | 131 | 111 | 100 | |
Services | 114 | 104 | 100 | |
Groceries | 106 | 104 | 100 | |
Health | 99 | 95 | 100 | |
Housing | 181 | 130 | 100 | |
Transportation | 107 | 106 | 100 | |
Utilities | 104 | 108 | 100 |
Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Brookdale is $420,500.
The Median Rent in Brookdale is $1,602.
The Median Income in Brookdale is $141,953.
The Home Value To Income in Brookdale is 3.0x.
The Rent To Monthly Income in Brookdale is 0.14x.
Statistic | Brookdale | New Jersey | United States |
---|---|---|---|
Median Home Value | $420,500 | $355,700 | $244,900 |
Median Rent | $1,602 | $1,436 | $1,163 |
Median Income | $141,953 | $89,703 | $69,021 |
Home Value To Income | 3.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.14x | 0.19x | 0.2x |
Item | Brookdale | New Jersey |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $12.49 | $10.68 |
Bowling | $18.0 | $14.67 |
Haircut | $20.93 | $18.62 |
Beauty Salon | $36.53 | $39.05 |
Item | Brookdale | New Jersey |
---|---|---|
Ground Beef | $4.09 | $4.22 |
Fried Chicken | $1.79 | $1.39 |
Milk | $2.44 | $2.05 |
Potatoes | $3.25 | $3.29 |
Pizza | $11.36 | $10.62 |
Beer | $9.32 | $9.38 |
Toothpaste | $2.22 | $2.34 |
Item | Brookdale | New Jersey |
---|---|---|
Optometrist | $106.0 | $108.57 |
Doctor | $91.0 | $116.17 |
Dentist | $102.33 | $99.13 |
Item | Brookdale | New Jersey |
---|---|---|
Gasoline | $2.37 | $2.22 |
Tire Balancing | $54.12 | $50.07 |
Item | Brookdale | New Jersey |
---|---|---|
All Electricity | $178.53 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Brookdale. Here's a quick look at the cost of living in the most populous nearby places:
Clifton, NJ has a cost of living index of 128, 1.0x Brookdale.
Passaic, NJ has a cost of living index of 122, 0.9x Brookdale.
Nanuet, NY has a cost of living index of 145, 1.1x Brookdale.
City | Population | Cost Of Living | Vs. Brookdale |
---|---|---|---|
Clifton, NJ | 89,460 | 128 | 1.0x |
Passaic, NJ | 70,308 | 122 | 0.9x |
Nanuet, NY | 19,624 | 145 | 1.1x |
Rutherford, NJ | 18,781 | 137 | 1.0x |
North Arlington, NJ | 16,339 | 129 | 1.0x |
Woodland Park, NJ | 13,265 | 133 | 1.0x |
Upper Montclair, NJ | 12,033 | 169 | 1.3x |
Wallington, NJ | 11,833 | 126 | 1.0x |
Suffern, NY | 11,376 | 127 | 1.0x |
Lincoln Park, NJ | 10,877 | 124 | 0.9x |