Short Hills, NJ Cost of Living


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Short Hills cost of living score
135
More expensive
35.0% higher
than the US average
12.7% higher
than the New Jersey average
Short Hills, New Jersey gets a BestPlaces Cost of Living score of 135, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 35.0% higher than the U.S. average and 12.7% lower than the average for New Jersey.

Short Hills, NJ

Housing costs in Short Hills?
A typical home costs $1,739,300, which is 414.4% more expensive than the national average of $338,100 and 302.5% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Short Hills costs $2,460 per month, which is 72.0% more than the national average of $1,430 and 30.5% more than the state average of $1,710.

Can I afford Short Hills?
To live comfortably in Short Hills, New Jersey, a minimum annual income of $333,360 for a family, and $82,000 for a single person is recommended.

What does A.I. say about Short Hills?
Short Hills, NJ is known for its high cost of living. The median household income in this affluent community is $182,868 and the median home value is $1,140,100. With a median rent of over $3,000 per month, it’s not surprising that the cost of living in Short Hills is about 56% higher than the national average. Even basic necessities like groceries are more expensive here than in other parts of the country. When compared to nearby cities, Short Hills comes out on top as one of the most expensive places to live in New Jersey.
   Cost of living score
     CategoriesShort HillsNew JerseyUnited States
  135.0119.8100.0
  118.2105.8100
  99.196.9100.0
  538.2136.4100.0
  $1,739,300$432,100$338,100
  111.5%109.2%100.0%
  162.5127.7100.0
  109.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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