Franklin 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.
IndexFranklin ParkTrentonNew Jersey
Cost of living index10297125
IndexFranklin ParkTrentonNew Jersey
Goods & Services index107111112
Groceries index116104105
Health care index106107104
Housing index7768158
Transportation index115111112
Utilities index125115115

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Did you know?

  • The cost of living in Franklin Park is 18% lower than the Trenton average.
  • The cost of living in Franklin Park is 2% higher than the national average.
  • The cost of housing in Franklin Park is 23% lower 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.

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Compare Trenton, 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)
Household$48,271$4,023$1,126$1,448

New Jersey Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Jersey6.625%12.875%

New Jersey Income Tax

StateIncome Tax (Low)Income Tax (High)
New Jersey1.4%8.97%

Goods & Services

ItemTrentonNational avg.Difference
Haircut $19.00$16.0918.1%
Beauty Salon $36.33$37.332.7%
Toothpaste $2.12$2.4513.2%
Shampoo $1.06$1.005.9%
Movie $11.68$10.2813.6%
Bowling $4.98$4.931.0%

Groceries

ItemTrentonNational avg.Difference
Ground Beef $3.45$3.809.4%
Fried Chicken $1.47$1.405.0%
Milk $2.24$2.0111.4%
Potatoes $2.99$3.010.7%
Pizza $8.59$9.8913.1%
Beer $9.46$8.906.3%

Health Care

ItemTrentonNational avg.Difference
Optometrist $108.67$102.166.4%
Doctor $93.87$108.3613.4%
Dentist $115.62$92.5325.0%
Ibuprofen $8.39$9.289.6%
Lipitor $465.46$425.829.3%

Housing

ItemTrentonNational avg.Difference
Home Price $100,000.00$184,700.0045.9%
Avg. Mortgage Payment $1,644.65$1,202.4436.8%
Apartment Rent $964.00$949.001.6%

Transportation

ItemTrentonNational avg.Difference
Gasoline $2.36$2.245.0%
Tire Balancing $57.32$46.2923.8%

Utilities

ItemTrentonNational avg.Difference
All Electricity$188.22$165.9613.4%
Phone $33.50$28.6816.8%
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.
Newtown CDP, PA25094-6%
Morrisville CDP, PA8621000%
Rossmoor, NJ2,9041000%
Beverly, NJ2,5381055%
Burlington, NJ9,8501066%
Trenton, NJ84,55997-3%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Riverview, FL84,5901022%
Bellingham, WA84,46212020%
Champaign, IL84,67293-7%
Bend, OR84,41612020%
Edinburg, TX84,39976-24%
Trenton, NJ84,55997-3%
Source: The Franklin Park, Trenton, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.