F
Overall 20%
Goods & Services 2%
Housing 60%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexMount ArlingtonNew JerseyNational
Cost of living120123100
Goods & Services102111100
Groceries113110100
Health care99102100
Housing160158100
Transportation110110100
Utilities87100100

Key findings

  • 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
  • Mount Arlington housing 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 43% lower than the national average

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Compare Mount Arlington, NJ Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      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
      To approximate the cost of living and the housing affordability in Mount Arlington, NJ, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Mount Arlington 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%

      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.
      Byram Center, NJ501033%
      Ross Corner, NJ581033%
      Port Murray, NJ981033%
      Allamuchy, NJ1531033%
      Victory Gardens, NJ1,6231033%
      Mount Arlington, NJ5,25112020%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Centerport, NY5,25116666%
      Hilmar-Irwin, CA5,2501066%
      Preston, ID5,25290-10%
      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.