Cost of Living in West Park, NJ
Population: 1,521 | New Jersey
West Park is 10% less expensive than the national average.
Cost of Living in West Park, NJ: What You Need to Know
With a cost of living index of 90, West Park, NJ is slightly more affordable than average. Living here is 10% cheaper than the national average and 38% below the New Jersey state average of 128. West Park is a small community of 1,521 residents.
Housing costs are the biggest factor in West Park's cost of living. The median monthly rent is $1,282 (3% below the US median of $1,319), and the median home value sits at $224,000 (27% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.
The median household income in West Park is $73,397, which is 2% lower than the national median of $75,149. Residents spend roughly 21% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Everyday prices in the Vineland, NJ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $73,397
- vs US Median ($75,149)
- -2%
Housing
- Median Rent
- $1,282/mo
- Median Home Value
- $224,000
- Median Monthly Housing Cost
- $1,350/mo
Everyday Prices in West Park
BLS Average Prices for the Vineland, NJ (Metropolitan Statistical Area) area