Cost of Living in Stanhope, NJ

Get 300+ Local Insights for Any Address in Stanhope, NJ

Get Access to 300+ Local Data Points
F
22%
Overall NAT. AVG.
8%
Groceries NAT. AVG.
48%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Stanhope New Jersey National
Cost of living122125100
Groceries108108100
Health care114112100
Housing148157100
Transportation115114100
Utilities111111100
Lifestyle & Entertainment114113100
Household Items105107100
Education & Childcare116120100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Stanhope, NJ

property for sale

95 Unger Ave

Stanhope, NJ
property for sale

241-243 U.S. 206

Stanhope, NJ
property for sale

7 Brendona Ave

Stanhope, NJ
property for sale

77 Brooklyn Rd

Stanhope, NJ

Cost Of Living Quick Facts

  • The cost of living in Stanhope is 2% lower than the New Jersey average
  • The cost of living in Stanhope is 22% higher than the national average
  • Stanhope housing is 48% higher than the national average
  • New Jersey general sales tax is 30% higher than the national average
  • New Jersey state income tax is 46% lower than the national average

Most Affordable Places to Live in and Around Stanhope

See all the best places to live around Stanhope

Compare Stanhope, NJ Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Stanhope?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Stanhope?
      Write a review to give others more information about this area.
      See all Stanhope poll results

      The best places in New Jersey

      Here are the best places to live in New JerseySee the best places to live in StanhopeThese are the largest cities in New JerseySafest States In The US
      Best Places in New Jersey

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$159,924$13,327$3,731$4,798
      Renters$107,236$8,936$2,502$3,217

      New Jersey Sales Tax

      State General Sales Tax With Max Surtax
      New Jersey 6.625% 12.625%

      New Jersey Income Tax

      State Income Tax (Low) Income Tax (High)
      New Jersey 1.4% 10.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Port Colden, NJ86991.2%
      Great Meadows, NJ272991.2%
      Port Murray, NJ223991.2%
      Ross Corner, NJ2161066.1%
      Marksboro, NJ128963.7%
      Stanhope, NJ3,41812222.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Clinton, CT3,41811918.9%
      Haughton, LA3,418955.4%
      Dundee, OR3,41812726.7%
      Goldstream, AK3,41911413.7%
      Vinton, LA3,4198613.5%
      Stanhope, NJ3,41812222.4%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026