Kendall Park cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexKendall ParkNew JerseyNational
Cost of living index132131100
IndexKendall ParkNew JerseyNational
Goods & Services index112118100
Groceries index110116100
Health care index113111100
Housing index186166100
Transportation index111118100
Utilities index97110100
A general summary of the cost of living index in Kendall Park, NJ is shown above. Compared to the state average of New Jersey the cost of living index in Kendall Park, NJ is 132, which is 1% higher than the average in New Jersey and compared to the national average it is 32% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Kendall Park, NJ goods and services come in at 5% lower than the average in New Jersey and are 12% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Kendall Park is 1% higher than the New Jersey average.
  • The cost of living in Kendall Park is 32% higher than the national average.
  • The cost of housing in Kendall Park is 86% higher than the national average.
  • New Jersey general sales tax is 37% higher than the national average.
  • New Jersey state income tax is 37% lower than the national average.

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Compare Kendall Park, NJ Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Kendall Park, NJ to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Kendall Park, NJ, then you would need to earn more income in order to maintain the same standard of living. To use the Kendall Park, NJ salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$113,074$9,423$2,638$3,393
Renters$45,268$3,772$1,056$1,358
If you want to find a good determining factor for the cost of living and the general affordability of housing in Kendall Park, NJ, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Kendall Park, NJ, the median monthly income is $113,074 for those who own their own homes. Under the standard rule, that income level would allow for $2,638 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $45,268, per the median income in the area. That would allow for renters to spend up to $1,056 on monthly rental expenses.

New Jersey Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Jersey7%7%

New Jersey Income Tax

StateIncome Tax (Low)Income Tax (High)
New Jersey1.4%8.97%
The New Jersey sales tax and New Jersey income tax rates should definitely be considered when determining the overall cost of living in Kendall Park, NJ. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The New Jersey sales tax is 7% and the maximum surtax is 7%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The New Jersey income tax rates range from 1.4% to 8.97%.

Goods & Services

ItemKendall ParkNational avg.Difference
Haircut $18.00$14.5923.3%
Beauty Salon $32.75$34.685.6%
Toothpaste $1.99$2.4719.5%
Shampoo $1.08$1.025.7%
Movie $11.70$9.8718.6%
Bowling $4.72$4.397.5%

Groceries

ItemKendall ParkNational avg.Difference
Ground Beef $4.44$4.480.8%
Fried Chicken $1.97$1.4634.6%
Milk $2.57$2.369.1%
Potatoes $3.39$3.0610.7%
Pizza $8.00$9.2413.4%
Beer $8.79$8.631.8%

Health Care

ItemKendall ParkNational avg.Difference
Optometrist $102.25$99.782.5%
Doctor $86.25$105.0317.9%
Dentist $119.50$88.7034.7%
Ibuprofen $10.32$9.419.6%
Lipitor $351.24$298.5017.7%

Housing

ItemKendall ParkNational avg.Difference
Home Price $375,100.00$175,700.00113.5%
Avg. Mortgage Payment $1,607.16$1,081.0348.7%
Apartment Rent $1,113.00$920.0021.0%

Transportation

ItemKendall ParkNational avg.Difference
Gasoline $2.17$2.093.7%
Tire Balancing $58.80$45.2929.8%

Utilities

ItemKendall ParkNational avg.Difference
All Electricity$155.83$170.808.8%
Phone $29.75$28.265.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Zarephath, NJ01099%
Rossmoor, NJ2,81498-2%
Trenton, NJ84,459100-0%
Clearbrook Park, NJ2,48911111%
Concordia, NJ3,09211111%
Kendall Park, NJ10,33113232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Tamalpais-Homestead Valley, CA10,331219119%
Gages Lake, IL10,33011111%
Montgomery, OH10,33211717%
Richmond Hill, GA10,3341044%
Alpena, MI10,33683-17%
Kendall Park, NJ10,33113232%
Source: The Kendall Park, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.