According to the most recent data on the cost of living, Highland Park has an overall cost of living index of 128 which is 1.3x higher than the national index of 100.
Compared to only New Jersey, Highland Park has a cost of living index that's 1.1x higher than New Jersey's index of 121.
The standard of living in Highland Park ranks as #5,185 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Highland Park ranks as the #1,233 most expensive place in the Garden State.
Living Expense | Highland Park | New Jersey | National Average | |
---|---|---|---|---|
Overall | 128 | 121 | 100 | |
Services | 113 | 107 | 100 | |
Groceries | 108 | 107 | 100 | |
Health | 103 | 100 | 100 | |
Housing | 173 | 160 | 100 | |
Transportation | 106 | 106 | 100 | |
Utilities | 100 | 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 | Highland Park | New Jersey | United States |
---|---|---|---|
Median Home Value | $364,900 | $343,500 | $229,800 |
Median Rent | $1,465 | $1,368 | $1,096 |
Median Income | $83,980 | $85,245 | $64,994 |
Home Value To Income | 4.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Item | Highland Park | New Jersey |
---|---|---|
Shampoo | $1.03 | $1.06 |
Movie | $12.59 | $10.68 |
Bowling | $17.73 | $14.67 |
Item | Highland Park | New Jersey |
---|---|---|
Ground Beef | $3.87 | $4.22 |
Fried Chicken | $1.67 | $1.39 |
Milk | $2.41 | $2.05 |
Item | Highland Park | New Jersey |
---|---|---|
Haircut | $20.73 | $18.62 |
Beauty Salon | $36.4 | $39.05 |
Toothpaste | $2.16 | $2.34 |
Item | Highland Park | New Jersey |
---|---|---|
Potatoes | $3.09 | $3.29 |
Pizza | $11.4 | $10.62 |
Beer | $9.19 | $9.38 |
Optometrist | $101.33 | $108.57 |
Doctor | $94.5 | $116.17 |
Dentist | $113.15 | $99.13 |
Item | Highland Park | New Jersey |
---|---|---|
Gasoline | $2.26 | $2.22 |
Tire Balancing | $56.66 | $50.07 |
All Electricity | $174.26 | $167.67 |
Phone | $179.87 | $175.64 |
City | Population | Cost Of Living | Vs. Highland Park |
---|---|---|---|
New Brunswick, NJ | 55,992 | 117 | 0.9x |
Westfield, NJ | 29,690 | 170 | 1.3x |
Somerset, NJ | 24,119 | 123 | 1.0x |
South Plainfield, NJ | 23,961 | 126 | 1.0x |
South River, NJ | 15,874 | 119 | 0.9x |
Bradley Gardens, NJ | 14,714 | 144 | 1.1x |
Metuchen, NJ | 14,289 | 135 | 1.1x |
Middlesex, NJ | 13,606 | 123 | 1.0x |
New Providence, NJ | 13,382 | 154 | 1.2x |
Florham Park, NJ | 11,719 | 165 | 1.3x |