Peapack and Gladstone 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.
IndexPeapack and GladstoneNew JerseyNational
Cost of living index179127100
IndexPeapack and GladstoneNew JerseyNational
Goods & Services index113114100
Groceries index102104100
Health care index102100100
Housing index342166100
Transportation index106107100
Utilities index109110100

Did you know?

  • The cost of living in Peapack and Gladstone is 41% higher than the New Jersey average.
  • The cost of living in Peapack and Gladstone is 79% higher than the national average.
  • The cost of housing in Peapack and Gladstone is 242% 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 Peapack and Gladstone, NJ Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$198,409$16,534$4,629$5,953
Renters$69,886$5,824$1,631$2,097

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%

Goods & Services

ItemPeapack and GladstoneNational avg.Difference
Haircut $19.80$15.5627.2%
Beauty Salon $31.53$36.1112.7%
Toothpaste $2.04$2.4717.4%
Shampoo $0.96$0.960.9%
Movie $12.25$10.1321.0%
Bowling $4.44$4.746.3%

Groceries

ItemPeapack and GladstoneNational avg.Difference
Ground Beef $3.72$3.986.7%
Fried Chicken $1.42$1.411.2%
Milk $2.35$2.0613.9%
Potatoes $2.76$2.987.6%
Pizza $8.16$9.4713.8%
Beer $9.12$8.793.7%

Health Care

ItemPeapack and GladstoneNational avg.Difference
Optometrist $104.60$101.043.5%
Doctor $88.87$107.4417.3%
Dentist $110.17$90.4221.8%
Ibuprofen $8.59$9.287.4%
Lipitor $389.54$426.508.7%

Housing

ItemPeapack and GladstoneNational avg.Difference
Home Price $735,600.00$175,700.00318.7%
Avg. Mortgage Payment $1,533.70$1,133.2335.3%
Apartment Rent $1,492.00$920.0062.2%

Transportation

ItemPeapack and GladstoneNational avg.Difference
Gasoline $1.92$1.993.6%
Tire Balancing $59.07$45.7629.1%

Utilities

ItemPeapack and GladstoneNational avg.Difference
All Electricity$168.73$163.813.0%
Phone $33.50$28.3918.0%
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.
Allamuchy, NJ1001099%
Zarephath, NJ01099%
Port Murray, NJ901099%
Byram Center, NJ501099%
Great Meadows, NJ2881099%
Peapack and Gladstone, NJ2,58017979%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lakeland, NY2,58095-5%
Harlem, FL2,58085-15%
Simpsonville, KY2,58193-7%
Perryman, MD2,5811099%
Okanogan, WA2,57987-13%
Peapack and Gladstone, NJ2,58017979%
Source: The Peapack and Gladstone, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.