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Cost of Living in Packanack Lake, NJ

Population: 6,126 | New Jersey

194
Cost of Living Index
US Average = 100

Packanack Lake is 94% more expensive than the national average.

265
Housing
195
Home Values
113
Regional Price

Income

Median Household Income
$196,343
vs US Median ($75,149)
+161%

Housing

Median Rent
$3,501/mo
Median Home Value
$594,000
Median Monthly Housing Cost
$2,977/mo

Everyday Prices in Packanack Lake

BLS Average Prices for the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) area

$3.32
Gasoline (regular)
per gallon
+8% vs US
🥚
$2.71
Eggs (grade A, large)
per dozen
+8% vs US
🥛
$4.36
Milk (whole)
per gallon
+8% vs US
🍞
$2.00
Bread (white)
per lb
+8% vs US
🍗
$4.49
Chicken breast
per lb
+8% vs US
$0.24
Electricity
per kWh
+29% vs US

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