Allendale, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Allendale, NJ Summary

Cost of living in Allendale research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Allendale is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Allendale is 171, with 100 being the average.

  • The cost of living index in Allendale is 1.7x higher than the national average.

  • Allendale ranks as the #229 cheapest in New Jersey out of 251.

  • Allendale ranks as the #6,135 cheapest out of 6,412 in the US.

  • The median home value in Allendale is $726,900.

  • The median income in Allendale is $165,599.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
171
Allendale's Overall Cost Of Living
1.7x
Higher Than The National Average

What is the cost of living in Allendale, NJ?

According to the most recent data on the cost of living, Allendale has an overall cost of living index of 171, which is 1.7x higher than the national index of 100.

Compared to New Jersey, Allendale has a cost of living index that's 1.5x higher than New Jersey's index of 111.

The standard of living in Allendale ranks as #229 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Allendale ranks as the #22 most expensive place in the Garden State.

For more reading on life in Allendale, check out:

229 out of 251
In New Jersey
6,135 out of 6,412
In America

Allendale Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Allendale. Here is how it fairs on each of the criteria:

  • The Services index in Allendale is 116.

  • The Groceries index in Allendale is 107.

  • The Health index in Allendale is 96.

  • The Housing index in Allendale is 311.

  • The Transportation index in Allendale is 106.

  • The Utilities index in Allendale is 104.

Living Expense Allendale New Jersey National Average
Overall 171 111 100
Services 116 104 100
Groceries 107 104 100
Health 96 95 100
Housing 311 130 100
Transportation 106 106 100
Utilities 104 108 100
For more reading on cost of living around New Jersey, check out:
Allendale Cost of Living Vs. NJ

Allendale, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Allendale is $726,900.

  • The Median Rent in Allendale is $2,470.

  • The Median Income in Allendale is $165,599.

  • The Home Value To Income in Allendale is 4.4x.

  • The Rent To Monthly Income in Allendale is 0.18x.

Statistic Allendale New Jersey United States
Median Home Value $726,900 $355,700 $244,900
Median Rent $2,470 $1,436 $1,163
Median Income $165,599 $89,703 $69,021
Home Value To Income 4.4x 4.0x 3.5x
Rent To Monthly Income 0.18x 0.19x 0.2x
Search Homes For Sale In Allendale, NJ
$726,900
Median Home Value
$2,470
Median Rent
$165,599
Median Income

Allendale, NJ Costs By Category

Detailed Allendale Services Costs Vs. New Jersey

Item Allendale New Jersey
Shampoo $1.0 $1.06
Movie $12.49 $10.68
Bowling $18.0 $14.67
Haircut $20.93 $18.62
Beauty Salon $36.53 $39.05

Detailed Allendale Groceries Costs Vs. New Jersey

Item Allendale New Jersey
Ground Beef $4.09 $4.22
Fried Chicken $1.79 $1.39
Milk $2.44 $2.05
Potatoes $3.25 $3.29
Pizza $11.36 $10.62
Beer $9.32 $9.38
Toothpaste $2.22 $2.34

Detailed Allendale Health Costs Vs. New Jersey

Item Allendale New Jersey
Optometrist $106.0 $108.57
Doctor $91.0 $116.17
Dentist $102.33 $99.13

Detailed Allendale Transportation Costs Vs. New Jersey

Item Allendale New Jersey
Gasoline $2.37 $2.22
Tire Balancing $54.12 $50.07

Detailed Allendale Utilities Costs Vs. New Jersey

Item Allendale New Jersey
All Electricity $178.53 $167.67
Phone $179.87 $175.64

Allendale SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
7
Diversity
8
Safety
9
Amenities
8.5
Education
9.5
Commute
3

Cost Of Living In Cities Around Allendale

The cost of living varies in the cities and towns around Allendale. Here's a quick look at the cost of living in the most populous nearby places:

  • Ridgewood, NJ has a cost of living index of 176, 1.0x Allendale.

  • Eastchester, NY has a cost of living index of 163, 1.0x Allendale.

  • Scarsdale, NY has a cost of living index of 265, 1.5x Allendale.

City Population Cost Of Living Vs. Allendale
Ridgewood, NJ 25,991 176 1.0x
Eastchester, NY 20,636 163 1.0x
Scarsdale, NY 18,063 265 1.5x
Ramsey, NJ 14,801 154 0.9x
Franklin Lakes, NJ 11,034 207 1.2x
Waldwick, NJ 10,086 143 0.8x
Park Ridge, NJ 8,987 165 1.0x
Upper Saddle River, NJ 8,352 203 1.2x
Briarcliff Manor, NY 7,587 175 1.0x
Pleasantville, NY 7,469 164 1.0x

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