Rockaway, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
Rockaway'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 Rockaway is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Rockaway, NJ?

According to the most recent data on the cost of living, Rockaway has an overall cost of living index of 122 which is 1.2x higher than the national index of 100.

Compared to only New Jersey, Rockaway has a cost of living index that's 1.0x lower than New Jersey's index of 123.

The standard of living in Rockaway ranks as #4919 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Rockaway ranks as the #1487 most expensive place in the Garden State.

For more reading on life in Rockaway, check out:

Rockaway Cost Of Living Vs. New Jersey

Living Expense Rockaway New Jersey National Average
Overall 122 123 100
Services 102 111 100
Groceries 113 110 100
Health 99 102 100
Housing 166 158 100
Transportation 110 110 100
Utilities 87 100 100
For more reading on cost of living around New Jersey, check out:
Rockaway Cost of Living Vs. NJ

Rockaway, 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 Rockaway New Jersey United States
Median Home Value $341,800 $327,900 $204,900
Median Rent $1,348 $1,295 $1,023
Median Income $87,083 $79,363 $60,293
Home Value To Income 3.9x 4.1x 3.4x
Rent To Monthly Income 0.19x 0.2x 0.2x

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Cost Of Living In Cities Around Rockaway

City Population Cost Of Living Vs. Rockaway
Westfield, NJ 30,086 170 1.4x
Dover, NJ 18,091 114 0.9x
Oakland, NJ 13,009 141 1.2x
Florham Park, NJ 11,672 162 1.3x
Franklin Lakes, NJ 10,883 206 1.7x
Lincoln Park, NJ 10,339 130 1.1x
White Meadow Lake, NJ 9,383 127 1.0x
Succasunna, NJ 8,681 131 1.1x
Boonton, NJ 8,302 126 1.0x
Mountainside, NJ 6,820 168 1.4x

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