Cost of living in Mount Arlington 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 Mount Arlington 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 Mount Arlington is 122, with 100 being the average.
The cost of living index in Mount Arlington is 1.2x higher than the national average.
Mount Arlington ranks as the #102 cheapest in New Jersey out of 251.
Mount Arlington ranks as the #4,905 cheapest out of 6,412 in the US.
The median home value in Mount Arlington is $351,200.
The median income in Mount Arlington is $89,795.
According to the most recent data on the cost of living, Mount Arlington has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Mount Arlington has a cost of living index that's 1.1x higher than New Jersey's index of 111.
The standard of living in Mount Arlington ranks as #102 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Mount Arlington ranks as the #149 most expensive place in the Garden State.
For more reading on life in Mount Arlington, check out:
Six factors go into calculating the cost of living index in Mount Arlington. Here is how it fairs on each of the criteria:
The Services index in Mount Arlington is 105.
The Groceries index in Mount Arlington is 116.
The Health index in Mount Arlington is 102.
The Housing index in Mount Arlington is 158.
The Transportation index in Mount Arlington is 108.
The Utilities index in Mount Arlington is 95.
Living Expense | Mount Arlington | New Jersey | National Average | |
---|---|---|---|---|
Overall | 122 | 111 | 100 | |
Services | 105 | 104 | 100 | |
Groceries | 116 | 104 | 100 | |
Health | 102 | 95 | 100 | |
Housing | 158 | 130 | 100 | |
Transportation | 108 | 106 | 100 | |
Utilities | 95 | 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 Mount Arlington is $351,200.
The Median Rent in Mount Arlington is $2,063.
The Median Income in Mount Arlington is $89,795.
The Home Value To Income in Mount Arlington is 3.9x.
The Rent To Monthly Income in Mount Arlington is 0.28x.
Statistic | Mount Arlington | New Jersey | United States |
---|---|---|---|
Median Home Value | $351,200 | $355,700 | $244,900 |
Median Rent | $2,063 | $1,436 | $1,163 |
Median Income | $89,795 | $89,703 | $69,021 |
Home Value To Income | 3.9x | 4.0x | 3.5x |
Rent To Monthly Income | 0.28x | 0.19x | 0.2x |
Item | Mount Arlington | New Jersey |
---|---|---|
Shampoo | $1.09 | $1.06 |
Movie | $12.38 | $10.68 |
Bowling | $20.56 | $14.67 |
Haircut | $20.96 | $18.62 |
Beauty Salon | $45.37 | $39.05 |
Item | Mount Arlington | New Jersey |
---|---|---|
Ground Beef | $4.21 | $4.22 |
Fried Chicken | $1.94 | $1.39 |
Milk | $2.37 | $2.05 |
Potatoes | $3.52 | $3.29 |
Pizza | $11.27 | $10.62 |
Beer | $8.27 | $9.38 |
Toothpaste | $2.06 | $2.34 |
Item | Mount Arlington | New Jersey |
---|---|---|
Optometrist | $92.33 | $108.57 |
Doctor | $99.57 | $116.17 |
Dentist | $116.16 | $99.13 |
Item | Mount Arlington | New Jersey |
---|---|---|
Gasoline | $2.45 | $2.22 |
Tire Balancing | $53.07 | $50.07 |
Item | Mount Arlington | New Jersey |
---|---|---|
All Electricity | $147.86 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Mount Arlington. Here's a quick look at the cost of living in the most populous nearby places:
Dover, NJ has a cost of living index of 118, 1.0x Mount Arlington.
Hopatcong, NJ has a cost of living index of 111, 0.9x Mount Arlington.
New Providence, NJ has a cost of living index of 154, 1.3x Mount Arlington.
City | Population | Cost Of Living | Vs. Mount Arlington |
---|---|---|---|
Dover, NJ | 18,418 | 118 | 1.0x |
Hopatcong, NJ | 14,395 | 111 | 0.9x |
New Providence, NJ | 13,570 | 154 | 1.3x |
Florham Park, NJ | 12,655 | 165 | 1.4x |
Lincoln Park, NJ | 10,877 | 124 | 1.0x |
Budd Lake, NJ | 9,971 | 118 | 1.0x |
Succasunna, NJ | 9,530 | 134 | 1.1x |
White Meadow Lake, NJ | 9,069 | 129 | 1.1x |
Boonton, NJ | 8,770 | 126 | 1.0x |
Bernardsville, NJ | 7,862 | 164 | 1.3x |