Cost of living in Cresskill 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 Cresskill 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 Cresskill is 173, with 100 being the average.
The cost of living index in Cresskill is 1.7x higher than the national average.
Cresskill ranks as the #232 cheapest in New Jersey out of 251.
Cresskill ranks as the #6,161 cheapest out of 6,412 in the US.
The median home value in Cresskill is $676,400.
The median income in Cresskill is $155,515.
According to the most recent data on the cost of living, Cresskill has an overall cost of living index of 173, which is 1.7x higher than the national index of 100.
Compared to New Jersey, Cresskill has a cost of living index that's 1.6x higher than New Jersey's index of 111.
The standard of living in Cresskill ranks as #232 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Cresskill ranks as the #19 most expensive place in the Garden State.
For more reading on life in Cresskill, check out:
Six factors go into calculating the cost of living index in Cresskill. Here is how it fairs on each of the criteria:
The Services index in Cresskill is 133.
The Groceries index in Cresskill is 147.
The Health index in Cresskill is 111.
The Housing index in Cresskill is 271.
The Transportation index in Cresskill is 132.
The Utilities index in Cresskill is 98.
Living Expense | Cresskill | New Jersey | National Average | |
---|---|---|---|---|
Overall | 173 | 111 | 100 | |
Services | 133 | 104 | 100 | |
Groceries | 147 | 104 | 100 | |
Health | 111 | 95 | 100 | |
Housing | 271 | 130 | 100 | |
Transportation | 132 | 106 | 100 | |
Utilities | 98 | 108 | 100 |
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 Cresskill is $676,400.
The Median Rent in Cresskill is $2,194.
The Median Income in Cresskill is $155,515.
The Home Value To Income in Cresskill is 4.3x.
The Rent To Monthly Income in Cresskill is 0.17x.
Statistic | Cresskill | New Jersey | United States |
---|---|---|---|
Median Home Value | $676,400 | $355,700 | $244,900 |
Median Rent | $2,194 | $1,436 | $1,163 |
Median Income | $155,515 | $89,703 | $69,021 |
Home Value To Income | 4.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.19x | 0.2x |
Item | Cresskill | New Jersey |
---|---|---|
Shampoo | $1.67 | $1.06 |
Movie | $16.31 | $10.68 |
Bowling | $20.49 | $14.67 |
Haircut | $23.25 | $18.62 |
Beauty Salon | $60.79 | $39.05 |
Item | Cresskill | New Jersey |
---|---|---|
Ground Beef | $6.4 | $4.22 |
Fried Chicken | $2.65 | $1.39 |
Milk | $3.11 | $2.05 |
Potatoes | $4.16 | $3.29 |
Pizza | $12.33 | $10.62 |
Beer | $12.01 | $9.38 |
Toothpaste | $4.42 | $2.34 |
Item | Cresskill | New Jersey |
---|---|---|
Optometrist | $108.08 | $108.57 |
Doctor | $106.72 | $116.17 |
Dentist | $124.43 | $99.13 |
Item | Cresskill | New Jersey |
---|---|---|
Gasoline | $2.62 | $2.22 |
Tire Balancing | $80.22 | $50.07 |
Item | Cresskill | New Jersey |
---|---|---|
All Electricity | $157.7 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Cresskill. Here's a quick look at the cost of living in the most populous nearby places:
Englewood, NJ has a cost of living index of 147, 0.8x Cresskill.
Bergenfield, NJ has a cost of living index of 141, 0.8x Cresskill.
Dumont, NJ has a cost of living index of 143, 0.8x Cresskill.
City | Population | Cost Of Living | Vs. Cresskill |
---|---|---|---|
Englewood, NJ | 29,129 | 147 | 0.8x |
Bergenfield, NJ | 28,282 | 141 | 0.8x |
Dumont, NJ | 17,965 | 143 | 0.8x |
New Milford, NJ | 16,912 | 147 | 0.8x |
Port Washington, NY | 16,807 | 185 | 1.1x |
Tenafly, NJ | 15,307 | 190 | 1.1x |
North New Hyde Park, NY | 15,125 | 170 | 1.0x |
Closter, NJ | 8,573 | 183 | 1.1x |
Briarcliff Manor, NY | 7,587 | 175 | 1.0x |
Pleasantville, NY | 7,469 | 164 | 0.9x |