Cost of living in Mountainside 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 Mountainside 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 Mountainside is 170, with 100 being the average.
The cost of living index in Mountainside is 1.7x higher than the national average.
Mountainside ranks as the #227 cheapest in New Jersey out of 251.
Mountainside ranks as the #6,123 cheapest out of 6,412 in the US.
The median home value in Mountainside is $649,600.
The median income in Mountainside is $133,365.
According to the most recent data on the cost of living, Mountainside has an overall cost of living index of 170, which is 1.7x higher than the national index of 100.
Compared to New Jersey, Mountainside has a cost of living index that's 1.5x higher than New Jersey's index of 111.
The standard of living in Mountainside ranks as #227 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Mountainside ranks as the #24 most expensive place in the Garden State.
For more reading on life in Mountainside, check out:
Six factors go into calculating the cost of living index in Mountainside. Here is how it fairs on each of the criteria:
The Services index in Mountainside is 104.
The Groceries index in Mountainside is 117.
The Health index in Mountainside is 103.
The Housing index in Mountainside is 317.
The Transportation index in Mountainside is 111.
The Utilities index in Mountainside is 91.
Living Expense | Mountainside | New Jersey | National Average | |
---|---|---|---|---|
Overall | 170 | 111 | 100 | |
Services | 104 | 104 | 100 | |
Groceries | 117 | 104 | 100 | |
Health | 103 | 95 | 100 | |
Housing | 317 | 130 | 100 | |
Transportation | 111 | 106 | 100 | |
Utilities | 91 | 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 Mountainside is $649,600.
The Median Rent in Mountainside is $2,926.
The Median Income in Mountainside is $133,365.
The Home Value To Income in Mountainside is 4.9x.
The Rent To Monthly Income in Mountainside is 0.26x.
Statistic | Mountainside | New Jersey | United States |
---|---|---|---|
Median Home Value | $649,600 | $355,700 | $244,900 |
Median Rent | $2,926 | $1,436 | $1,163 |
Median Income | $133,365 | $89,703 | $69,021 |
Home Value To Income | 4.9x | 4.0x | 3.5x |
Rent To Monthly Income | 0.26x | 0.19x | 0.2x |
Item | Mountainside | 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 | Mountainside | 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 | Mountainside | New Jersey |
---|---|---|
Optometrist | $92.33 | $108.57 |
Doctor | $99.57 | $116.17 |
Dentist | $116.16 | $99.13 |
Item | Mountainside | New Jersey |
---|---|---|
Gasoline | $2.45 | $2.22 |
Tire Balancing | $53.07 | $50.07 |
Item | Mountainside | New Jersey |
---|---|---|
All Electricity | $147.86 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Mountainside. Here's a quick look at the cost of living in the most populous nearby places:
Westfield, NJ has a cost of living index of 170, 1.0x Mountainside.
Summit, NJ has a cost of living index of 185, 1.1x Mountainside.
Bradley Gardens, NJ has a cost of living index of 144, 0.8x Mountainside.
City | Population | Cost Of Living | Vs. Mountainside |
---|---|---|---|
Westfield, NJ | 30,950 | 170 | 1.0x |
Summit, NJ | 22,598 | 185 | 1.1x |
Bradley Gardens, NJ | 14,798 | 144 | 0.8x |
Short Hills, NJ | 14,500 | 241 | 1.4x |
Roselle Park, NJ | 13,973 | 119 | 0.7x |
New Providence, NJ | 13,570 | 154 | 0.9x |
Florham Park, NJ | 12,655 | 165 | 1.0x |
Hasbrouck Heights, NJ | 12,120 | 134 | 0.8x |
Martinsville, NJ | 11,980 | 155 | 0.9x |
Lincoln Park, NJ | 10,877 | 124 | 0.7x |