Mount Arlington 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.
IndexMount ArlingtonNew JerseyNational
Cost of living index120123100
IndexMount ArlingtonNew JerseyNational
Goods & Services index102111100
Groceries index113110100
Health care index99102100
Housing index160158100
Transportation index110110100
Utilities index87100100
A general summary of the cost of living index in Mount Arlington, NJ is shown above. Compared to the state average of New Jersey the cost of living index in Mount Arlington, NJ is 120, which is 3% lower than the average in New Jersey and compared to the national average it is 20% 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 Mount Arlington, NJ goods and services come in at 9% lower than the average in New Jersey and are 2% higher than compared to the nationwide average.
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Did you know?

  • The cost of living in Mount Arlington is 3% lower than the New Jersey average.
  • The cost of living in Mount Arlington is 20% higher than the national average.
  • The cost of housing in Mount Arlington is 60% higher than the national average.
  • New Jersey general sales tax is 30% higher than the national average.
  • New Jersey state income tax is 37% lower than the national average.

Compare Mount Arlington, NJ Cost of living To Other Cities

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      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      The salary calculator is used in order to provide a comparison of your current salary in Mount Arlington, NJ to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Mount Arlington, NJ, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Mount Arlington, NJ salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$95,810$7,984$2,235$2,875
      Renters$43,273$3,606$1,010$1,298
      One can approximate the cost of living and the housing affordability in Mount Arlington, NJ by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Mount Arlington, NJ have a median income of $95,810. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,235 per month to avoid calamity and poverty. The renters in the city have an income of about $43,273, which would make their monthly maximum allowable rental costs $1,010.

      New Jersey Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      New Jersey6.625%12.625%

      New Jersey Income Tax

      StateIncome Tax (Low)Income Tax (High)
      New Jersey1.4%10.75%
      One thing to keep in mind when considering the cost of living in Mount Arlington, NJ is the New Jersey sales tax and New Jersey income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The New Jersey sales tax rate is 6.625% and the maximum surtax that can be charged is 12.625%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The New Jersey income tax rates range from 1.4% to 10.75%.

      Goods & Services

      ItemMount ArlingtonNational avg.Difference
      Haircut $18.30$17.494.6%
      Beauty Salon $43.40$38.1713.7%
      Toothpaste $1.81$2.3222.0%
      Shampoo $0.99$1.012.2%
      Movie $12.16$10.7213.4%
      Bowling $20.00$13.8644.3%

      Groceries

      ItemMount ArlingtonNational avg.Difference
      Ground Beef $4.04$3.903.6%
      Fried Chicken $1.97$1.4041.1%
      Milk $2.31$1.9617.7%
      Potatoes $3.43$3.187.8%
      Pizza $10.87$10.394.6%
      Beer $7.99$9.2313.4%

      Health Care

      ItemMount ArlingtonNational avg.Difference
      Optometrist $90.50$106.3414.9%
      Doctor $97.86$115.2515.1%
      Dentist $111.00$98.3812.8%
      Ibuprofen $9.19$9.260.8%
      Lipitor $472.08$466.471.2%

      Housing

      ItemMount ArlingtonNational avg.Difference
      Home Price $289,300.00$184,700.0056.6%
      Avg. Mortgage Payment $1,722.47$1,273.3235.3%
      Apartment Rent $1,583.00$949.0066.8%

      Transportation

      ItemMount ArlingtonNational avg.Difference
      Gasoline $2.85$2.599.9%
      Tire Balancing $54.95$48.9012.4%

      Utilities

      ItemMount ArlingtonNational avg.Difference
      All Electricity$131.81$167.6021.4%
      Phone $177.03$163.428.3%
      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.
      Ross Corner, NJ581033%
      Port Murray, NJ981033%
      Byram Center, NJ501033%
      Allamuchy, NJ1531033%
      Victory Gardens, NJ1,6231033%
      Mount Arlington, NJ5,25112020%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Centerport, NY5,25116666%
      Preston, ID5,25290-10%
      Hilmar-Irwin, CA5,2501066%
      Nelsonville, OH5,24982-18%
      Bluefield, VA5,25483-17%
      Mount Arlington, NJ5,25112020%
      Source: The Mount Arlington, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.