Cost of living in Rutherford 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 Rutherford 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 Rutherford is 137, with 100 being the average.
The cost of living index in Rutherford is 1.4x higher than the national average.
Rutherford ranks as the #160 cheapest in New Jersey out of 251.
Rutherford ranks as the #5,488 cheapest out of 6,412 in the US.
The median home value in Rutherford is $497,200.
The median income in Rutherford is $118,462.
According to the most recent data on the cost of living, Rutherford has an overall cost of living index of 137, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Rutherford has a cost of living index that's 1.2x higher than New Jersey's index of 111.
The standard of living in Rutherford ranks as #160 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Rutherford ranks as the #91 most expensive place in the Garden State.
For more reading on life in Rutherford, check out:
Six factors go into calculating the cost of living index in Rutherford. Here is how it fairs on each of the criteria:
The Services index in Rutherford is 112.
The Groceries index in Rutherford is 106.
The Health index in Rutherford is 99.
The Housing index in Rutherford is 208.
The Transportation index in Rutherford is 109.
The Utilities index in Rutherford is 105.
Living Expense | Rutherford | New Jersey | National Average | |
---|---|---|---|---|
Overall | 137 | 111 | 100 | |
Services | 112 | 104 | 100 | |
Groceries | 106 | 104 | 100 | |
Health | 99 | 95 | 100 | |
Housing | 208 | 130 | 100 | |
Transportation | 109 | 106 | 100 | |
Utilities | 105 | 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 Rutherford is $497,200.
The Median Rent in Rutherford is $1,589.
The Median Income in Rutherford is $118,462.
The Home Value To Income in Rutherford is 4.2x.
The Rent To Monthly Income in Rutherford is 0.16x.
Statistic | Rutherford | New Jersey | United States |
---|---|---|---|
Median Home Value | $497,200 | $355,700 | $244,900 |
Median Rent | $1,589 | $1,436 | $1,163 |
Median Income | $118,462 | $89,703 | $69,021 |
Home Value To Income | 4.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.16x | 0.19x | 0.2x |
Item | Rutherford | 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 | Rutherford | 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 | Rutherford | New Jersey |
---|---|---|
Optometrist | $106.0 | $108.57 |
Doctor | $91.0 | $116.17 |
Dentist | $102.33 | $99.13 |
Item | Rutherford | New Jersey |
---|---|---|
Gasoline | $2.37 | $2.22 |
Tire Balancing | $54.12 | $50.07 |
Item | Rutherford | New Jersey |
---|---|---|
All Electricity | $178.53 | $167.67 |
Phone | $179.87 | $175.64 |
The cost of living varies in the cities and towns around Rutherford. Here's a quick look at the cost of living in the most populous nearby places:
Passaic, NJ has a cost of living index of 122, 0.9x Rutherford.
Secaucus, NJ has a cost of living index of 152, 1.1x Rutherford.
Eastchester, NY has a cost of living index of 163, 1.2x Rutherford.
City | Population | Cost Of Living | Vs. Rutherford |
---|---|---|---|
Passaic, NJ | 70,308 | 122 | 0.9x |
Secaucus, NJ | 21,439 | 152 | 1.1x |
Eastchester, NY | 20,636 | 163 | 1.2x |
North Arlington, NJ | 16,339 | 129 | 0.9x |
Hasbrouck Heights, NJ | 12,120 | 134 | 1.0x |
Wallington, NJ | 11,833 | 126 | 0.9x |
Dobbs Ferry, NY | 11,511 | 169 | 1.2x |
East Rutherford, NJ | 9,918 | 134 | 1.0x |
Wood-Ridge, NJ | 9,865 | 136 | 1.0x |
Hastings-on-Hudson, NY | 8,505 | 172 | 1.3x |