Cost of living in North Haledon 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 North Haledon 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 North Haledon is 140, with 100 being the average.
The cost of living index in North Haledon is 1.4x higher than the national average.
North Haledon ranks as the #174 cheapest in New Jersey out of 251.
North Haledon ranks as the #5,578 cheapest out of 6,412 in the US.
The median home value in North Haledon is $429,800.
The median income in North Haledon is $107,250.
According to the most recent data on the cost of living, North Haledon has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to New Jersey, North Haledon has a cost of living index that's 1.3x higher than New Jersey's index of 111.
The standard of living in North Haledon ranks as #174 most affordable out of the 251 places we measured in New Jersey. By definition, that implies North Haledon ranks as the #77 most expensive place in the Garden State.
For more reading on life in North Haledon, check out:
Six factors go into calculating the cost of living index in North Haledon. Here is how it fairs on each of the criteria:
The Services index in North Haledon is 114.
The Groceries index in North Haledon is 108.
The Health index in North Haledon is 97.
The Housing index in North Haledon is 213.
The Transportation index in North Haledon is 110.
The Utilities index in North Haledon is 103.
Living Expense | North Haledon | New Jersey | National Average | |
---|---|---|---|---|
Overall | 140 | 111 | 100 | |
Services | 114 | 104 | 100 | |
Groceries | 108 | 104 | 100 | |
Health | 97 | 95 | 100 | |
Housing | 213 | 130 | 100 | |
Transportation | 110 | 106 | 100 | |
Utilities | 103 | 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 North Haledon is $429,800.
The Median Rent in North Haledon is $2,215.
The Median Income in North Haledon is $107,250.
The Home Value To Income in North Haledon is 4.0x.
The Rent To Monthly Income in North Haledon is 0.25x.
Statistic | North Haledon | New Jersey | United States |
---|---|---|---|
Median Home Value | $429,800 | $355,700 | $244,900 |
Median Rent | $2,215 | $1,436 | $1,163 |
Median Income | $107,250 | $89,703 | $69,021 |
Home Value To Income | 4.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.19x | 0.2x |
Item | North Haledon | 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 |
Item | North Haledon | 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 |
Item | North Haledon | New Jersey |
---|---|---|
Optometrist | $106.0 | $108.57 |
Doctor | $91.0 | $116.17 |
Dentist | $102.33 | $99.13 |
Item | North Haledon | New Jersey |
---|---|---|
Gasoline | $2.37 | $2.22 |
Tire Balancing | $54.12 | $50.07 |
Item | North Haledon | New Jersey |
---|---|---|
All Electricity | $178.53 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around North Haledon. Here's a quick look at the cost of living in the most populous nearby places:
Paterson, NJ has a cost of living index of 116, 0.8x North Haledon.
Fair Lawn, NJ has a cost of living index of 137, 1.0x North Haledon.
Ridgewood, NJ has a cost of living index of 176, 1.3x North Haledon.
City | Population | Cost Of Living | Vs. North Haledon |
---|---|---|---|
Paterson, NJ | 157,927 | 116 | 0.8x |
Fair Lawn, NJ | 34,820 | 137 | 1.0x |
Ridgewood, NJ | 25,991 | 176 | 1.3x |
Eastchester, NY | 20,636 | 163 | 1.2x |
Hawthorne, NJ | 19,507 | 130 | 0.9x |
Glen Rock, NJ | 12,098 | 163 | 1.2x |
Dobbs Ferry, NY | 11,511 | 169 | 1.2x |
Franklin Lakes, NJ | 11,034 | 207 | 1.5x |
Totowa, NJ | 11,013 | 131 | 0.9x |
Haledon, NJ | 8,936 | 121 | 0.9x |