Roselle Park, NJ Cost Of Living
Cost Of Living In Roselle Park, NJ Summary
Cost of living in Roselle Park 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 Roselle Park 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 Roselle Park is 119, with 100 being the average.
The cost of living index in Roselle Park is 1.2x higher than the national average.
Roselle Park ranks as the #87 cheapest in New Jersey out of 251.
Roselle Park ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Roselle Park is $319,400.
The median income in Roselle Park is $85,427.
Table Of Contents
Roselle Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Roselle Park, NJ?
According to the most recent data on the cost of living, Roselle Park has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Roselle Park has a cost of living index that's 1.1x higher than New Jersey's index of 111.
The standard of living in Roselle Park ranks as #87 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Roselle Park ranks as the #164 most expensive place in the Garden State.
For more reading on life in Roselle Park, check out:
- Living In Roselle Park
- Roselle Park Crime Report
- Search Homes For Sale In Roselle Park, NJ
In New Jersey
In America
Roselle Park Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Roselle Park. Here is how it fairs on each of the criteria:
The Services index in Roselle Park is 115.
The Groceries index in Roselle Park is 106.
The Health index in Roselle Park is 95.
The Housing index in Roselle Park is 140.
The Transportation index in Roselle Park is 110.
The Utilities index in Roselle Park is 104.
| Living Expense | Roselle Park | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 119 | 111 | 100 | |
| Services | 115 | 104 | 100 | |
| Groceries | 106 | 104 | 100 | |
| Health | 95 | 95 | 100 | |
| Housing | 140 | 130 | 100 | |
| Transportation | 110 | 106 | 100 | |
| Utilities | 104 | 108 | 100 | |
Roselle Park, NJ Housing Cost Breakdown
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 Roselle Park is $319,400.
The Median Rent in Roselle Park is $1,344.
The Median Income in Roselle Park is $85,427.
The Home Value To Income in Roselle Park is 3.7x.
The Rent To Monthly Income in Roselle Park is 0.19x.
| Statistic | Roselle Park | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $319,400 | $355,700 | $244,900 |
| Median Rent | $1,344 | $1,436 | $1,163 |
| Median Income | $85,427 | $89,703 | $69,021 |
| Home Value To Income | 3.7x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Roselle Park, NJ Costs By Category
Detailed Roselle Park Services Costs Vs. New Jersey
| Item | Roselle Park | 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 |
Detailed Roselle Park Groceries Costs Vs. New Jersey
| Item | Roselle Park | 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 |
Detailed Roselle Park Health Costs Vs. New Jersey
| Item | Roselle Park | New Jersey |
|---|---|---|
| Optometrist | $106.0 | $108.57 |
| Doctor | $91.0 | $116.17 |
| Dentist | $102.33 | $99.13 |
Detailed Roselle Park Transportation Costs Vs. New Jersey
| Item | Roselle Park | New Jersey |
|---|---|---|
| Gasoline | $2.37 | $2.22 |
| Tire Balancing | $54.12 | $50.07 |
Detailed Roselle Park Utilities Costs Vs. New Jersey
| Item | Roselle Park | New Jersey |
|---|---|---|
| All Electricity | $178.53 | $167.67 |
| Phone | $179.87 | $175.64 |
Roselle Park SnackAbility
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Cost Of Living In Cities Around Roselle Park
The cost of living varies in the cities and towns around Roselle Park. Here's a quick look at the cost of living in the most populous nearby places:
Elizabeth, NJ has a cost of living index of 118, 1.0x Roselle Park.
Linden, NJ has a cost of living index of 119, 1.0x Roselle Park.
Westfield, NJ has a cost of living index of 170, 1.4x Roselle Park.
| City | Population | Cost Of Living | Vs. Roselle Park |
|---|---|---|---|
| Elizabeth, NJ | 135,772 | 118 | 1.0x |
| Linden, NJ | 43,387 | 119 | 1.0x |
| Westfield, NJ | 30,950 | 170 | 1.4x |
| Rahway, NJ | 29,582 | 120 | 1.0x |
| Roselle, NJ | 22,511 | 112 | 0.9x |
| Colonia, NJ | 18,776 | 127 | 1.1x |
| Avenel, NJ | 17,132 | 117 | 1.0x |
| Middlesex, NJ | 14,513 | 123 | 1.0x |
| Florham Park, NJ | 12,655 | 165 | 1.4x |
| Hasbrouck Heights, NJ | 12,120 | 134 | 1.1x |
