According to the most recent data on the cost of living, Chatham has an overall cost of living index of 171 which is 1.7x higher than the national index of 100.
Compared to only New Jersey, Chatham has a cost of living index that's 1.4x higher than New Jersey's index of 123.
The standard of living in Chatham ranks as #6136 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Chatham ranks as the #271 most expensive place in the Garden State.
|Living Expense||Chatham||New Jersey||National Average|
Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|City||Population||Cost Of Living||Vs. Chatham|
|Bradley Gardens, NJ||14,417||144||0.8x|
|Short Hills, NJ||13,134||244||1.4x|
|New Providence, NJ||12,808||151||0.9x|
|Hasbrouck Heights, NJ||12,091||136||0.8x|
|Florham Park, NJ||11,672||162||0.9x|