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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
4 cities ranked by cost of living index. Average cost index: 140 vs national avg of 111.
Paterson is the most affordable city in New Jersey with a cost of living index of 122 and median rent of $2,088/month. This is 22 points above the national average.
Across the 4 cities tracked in New Jersey, the average cost of living index is 140 (national average: 111). Average monthly rent is $2,388, compared to the national average of $1,895.
New Jersey's average cost index of 140 is 29 points above the national average of 111. The most affordable city, Paterson, has an index of 122, while the most expensive, Jersey, is at 178.
In Paterson (cheapest city), a salary of $50,000–$60,000 typically allows comfortable living with rent under 30% of net income. In more expensive cities like Jersey, you may need $80,000–$100,000 to maintain the same standard. Use our salary checker to see exact calculations.
New Jersey runs above the national average in cost of living, though cities like Paterson (index: 122) offer much better value.