Cost of living in Leonia 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 Leonia 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 Leonia is 160, with 100 being the average.
The cost of living index in Leonia is 1.6x higher than the national average.
Leonia ranks as the #213 cheapest in New Jersey out of 251.
Leonia ranks as the #6,005 cheapest out of 6,412 in the US.
The median home value in Leonia is $546,000.
The median income in Leonia is $102,381.
According to the most recent data on the cost of living, Leonia has an overall cost of living index of 160, which is 1.6x higher than the national index of 100.
Compared to New Jersey, Leonia has a cost of living index that's 1.4x higher than New Jersey's index of 111.
The standard of living in Leonia ranks as #213 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Leonia ranks as the #38 most expensive place in the Garden State.
For more reading on life in Leonia, check out:
Six factors go into calculating the cost of living index in Leonia. Here is how it fairs on each of the criteria:
The Services index in Leonia is 134.
The Groceries index in Leonia is 148.
The Health index in Leonia is 112.
The Housing index in Leonia is 222.
The Transportation index in Leonia is 130.
The Utilities index in Leonia is 97.
Living Expense | Leonia | New Jersey | National Average | |
---|---|---|---|---|
Overall | 160 | 111 | 100 | |
Services | 134 | 104 | 100 | |
Groceries | 148 | 104 | 100 | |
Health | 112 | 95 | 100 | |
Housing | 222 | 130 | 100 | |
Transportation | 130 | 106 | 100 | |
Utilities | 97 | 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 Leonia is $546,000.
The Median Rent in Leonia is $1,639.
The Median Income in Leonia is $102,381.
The Home Value To Income in Leonia is 5.3x.
The Rent To Monthly Income in Leonia is 0.19x.
Statistic | Leonia | New Jersey | United States |
---|---|---|---|
Median Home Value | $546,000 | $355,700 | $244,900 |
Median Rent | $1,639 | $1,436 | $1,163 |
Median Income | $102,381 | $89,703 | $69,021 |
Home Value To Income | 5.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.19x | 0.2x |
Item | Leonia | 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 | Leonia | 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 | Leonia | New Jersey |
---|---|---|
Optometrist | $108.08 | $108.57 |
Doctor | $106.72 | $116.17 |
Dentist | $124.43 | $99.13 |
Item | Leonia | New Jersey |
---|---|---|
Gasoline | $2.62 | $2.22 |
Tire Balancing | $80.22 | $50.07 |
Item | Leonia | New Jersey |
---|---|---|
All Electricity | $157.7 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Leonia. Here's a quick look at the cost of living in the most populous nearby places:
Fort Lee, NJ has a cost of living index of 141, 0.9x Leonia.
Englewood, NJ has a cost of living index of 147, 0.9x Leonia.
Cliffside Park, NJ has a cost of living index of 152, 0.9x Leonia.
City | Population | Cost Of Living | Vs. Leonia |
---|---|---|---|
Fort Lee, NJ | 39,701 | 141 | 0.9x |
Englewood, NJ | 29,129 | 147 | 0.9x |
Cliffside Park, NJ | 25,515 | 152 | 0.9x |
Palisades Park, NJ | 20,291 | 162 | 1.0x |
North Valley Stream, NY | 18,345 | 148 | 0.9x |
Port Washington, NY | 16,807 | 185 | 1.2x |
North New Hyde Park, NY | 15,125 | 170 | 1.1x |
Fairview, NJ | 14,918 | 140 | 0.9x |
Edgewater, NJ | 14,234 | 171 | 1.1x |
Ridgefield Park, NJ | 13,202 | 141 | 0.9x |