Lincoln Park, NJ Cost Of Living

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Updated: 2020-03-08
Lincoln Park's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Lincoln Park is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lincoln Park, NJ?

According to the most recent data on the cost of living, Lincoln Park has an overall cost of living index of 130 which is 1.3x higher than the national index of 100.

Compared to only New Jersey, Lincoln Park has a cost of living index that's 1.1x higher than New Jersey's index of 123.

The standard of living in Lincoln Park ranks as #5261 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Lincoln Park ranks as the #1146 most expensive place in the Garden State.

Lincoln Park Cost Of Living Vs. New Jersey

Living Expense Lincoln Park New Jersey National Average
Overall 130 123 100
Services 114 111 100
Groceries 108 110 100
Health 107 102 100
Housing 176 158 100
Transportation 111 110 100
Utilities 105 100 100
For more reading on cost of living around New Jersey, check out:
Lincoln Park Cost of Living Vs. NJ

Lincoln Park, NJ Housing Cost Breakdown

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.

Median Home Value
Median Rent
Median Income
Statistic Lincoln Park New Jersey United States
Median Home Value $331,600 $327,900 $204,900
Median Rent $1,651 $1,295 $1,023
Median Income $92,346 $79,363 $60,293
Home Value To Income 3.6x 4.1x 3.4x
Rent To Monthly Income 0.21x 0.2x 0.2x

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Cost Of Living In Cities Around Lincoln Park

City Population Cost Of Living Vs. Lincoln Park
Nanuet, NY 17,775 138 1.1x
Pearl River, NY 16,495 141 1.1x
Florham Park, NJ 11,672 162 1.2x
Pompton Lakes, NJ 11,049 125 1.0x
Suffern, NY 10,926 126 1.0x
Totowa, NJ 10,828 134 1.0x
Kinnelon, NJ 10,132 150 1.2x
Airmont, NY 8,776 141 1.1x
Succasunna, NJ 8,681 131 1.0x
Haledon, NJ 8,338 120 0.9x

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