Allendale, NJ Cost Of Living
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 175, with 100 being the average.
The cost of living index in Allendale is 1.8x higher than the national average.
Allendale ranks as the #239 cheapest in New Jersey out of 260.
Allendale ranks as the #6,138 cheapest out of 6,489 in the US.
The median home value in Allendale is $1,061,762.
The median income in Allendale is $156,992.
Table Of Contents
Allendale's Overall Cost Of Living
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 175, which is 1.8x higher than the national index of 100.
Compared to New Jersey, Allendale has a cost of living index that's 1.4x higher than New Jersey's index of 122.
The standard of living in Allendale ranks as #239 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Allendale ranks as the #21 most expensive place in the Garden State.
For more reading on life in Allendale, check out:
In New Jersey
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 109.
The Groceries index in Allendale is 101.
The Health index in Allendale is 94.
The Housing index in Allendale is 329.
The Transportation index in Allendale is 110.
The Utilities index in Allendale is 112.
| Living Expense | Allendale | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 175 | 122 | 100 | |
| Services | 109 | 108 | 100 | |
| Groceries | 101 | 104 | 100 | |
| Health | 94 | 99 | 100 | |
| Housing | 329 | 159 | 100 | |
| Transportation | 110 | 101 | 100 | |
| Utilities | 112 | 107 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Allendale is $1,061,762.
The Median Rent in Allendale is $2,648.
The Median Income in Allendale is $156,992.
The Home Value To Income in Allendale is 6.8x.
The Rent To Monthly Income in Allendale is 0.2x.
| Statistic | Allendale | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $1,061,762 | $564,432 | $303,400 |
| Median Rent | $2,648 | $1,653 | $1,348 |
| Median Income | $156,992 | $101,050 | $78,538 |
| Home Value To Income | 6.8x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Allendale, NJ Costs By Category
Detailed Allendale Services Costs Vs. New Jersey
| Item | Allendale | New Jersey |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $15.78 | $12.13 |
| Bowling | $21.0 | $18 |
| Haircut | $25.62 | $24.26 |
| Beauty Salon | $41.67 | $45.56 |
Detailed Allendale Groceries Costs Vs. New Jersey
| Item | Allendale | New Jersey |
|---|---|---|
| Ground Beef | $5.65 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.33 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Allendale Health Costs Vs. New Jersey
| Item | Allendale | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
Detailed Allendale Transportation Costs Vs. New Jersey
| Item | Allendale | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
Detailed Allendale Utilities Costs Vs. New Jersey
| Item | Allendale | New Jersey |
|---|---|---|
| All Electricity | $236.04 | $193.99 |
| Phone | $186.61 | $192.25 |
Allendale SnackAbility
/10
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 180, 1.0x Allendale.
Eastchester, NY has a cost of living index of 167, 1.0x Allendale.
Scarsdale, NY has a cost of living index of 279, 1.6x Allendale.
| City | Population | Cost Of Living | Vs. Allendale |
|---|---|---|---|
| Ridgewood, NJ | 26,076 | 180 | 1.0x |
| Eastchester, NY | 20,519 | 167 | 1.0x |
| Scarsdale, NY | 18,005 | 279 | 1.6x |
| Ramsey, NJ | 14,722 | 158 | 0.9x |
| Franklin Lakes, NJ | 11,011 | 216 | 1.2x |
| Waldwick, NJ | 10,090 | 141 | 0.8x |
| Park Ridge, NJ | 9,218 | 167 | 1.0x |
| Upper Saddle River, NJ | 8,354 | 209 | 1.2x |
| Pleasantville, NY | 7,395 | 176 | 1.0x |
| Briarcliff Manor, NY | 7,333 | 178 | 1.0x |
