Caldwell, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
138
Caldwell's Overall Cost Of Living
1.4x
Higher Than The National Average
165 out of 251
In New Jersey
5,521 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Caldwell is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Caldwell, NJ?

According to the most recent data on the cost of living, Caldwell has an overall cost of living index of 138 which is 1.4x higher than the national index of 100.

Compared to only New Jersey, Caldwell has a cost of living index that's 1.1x higher than New Jersey's index of 121.

The standard of living in Caldwell ranks as #5,524 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Caldwell ranks as the #895 most expensive place in the Garden State.

For more reading on life in Caldwell, check out:

Caldwell Cost Of Living Vs. New Jersey

Living Expense Caldwell New Jersey National Average
Overall 138 121 100
Services 115 107 100
Groceries 105 107 100
Health 96 100 100
Housing 203 160 100
Transportation 108 106 100
Utilities 104 98 100
For more reading on cost of living around New Jersey, check out:
Caldwell Cost of Living Vs. NJ

Caldwell, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$464,300
Median Home Value
$1,641
Median Rent
$105,102
Median Income
Statistic Caldwell New Jersey United States
Median Home Value $464,300 $343,500 $229,800
Median Rent $1,641 $1,368 $1,096
Median Income $105,102 $85,245 $64,994
Home Value To Income 4.4x 4.0x 3.5x
Rent To Monthly Income 0.19x 0.19x 0.2x

Detailed Caldwell Services Costs Vs. New Jersey

Item Caldwell New Jersey
Shampoo $1.0 $1.06
Movie $12.49 $10.68
Bowling $18.0 $14.67

Detailed Caldwell Groceries Costs Vs. New Jersey

Item Caldwell New Jersey
Ground Beef $4.09 $4.22
Fried Chicken $1.79 $1.39
Milk $2.44 $2.05

Detailed Caldwell Health Costs Vs. New Jersey

Item Caldwell New Jersey
Haircut $20.93 $18.62
Beauty Salon $36.53 $39.05
Toothpaste $2.22 $2.34

Detailed Caldwell Transportation Costs Vs. New Jersey

Item Caldwell New Jersey
Potatoes $3.25 $3.29
Pizza $11.36 $10.62
Beer $9.32 $9.38
Optometrist $106.0 $108.57
Doctor $91.0 $116.17
Dentist $102.33 $99.13

Detailed Caldwell Utilities Costs Vs. New Jersey

Item Caldwell New Jersey
Gasoline $2.37 $2.22
Tire Balancing $54.12 $50.07
All Electricity $178.53 $167.67
Phone $179.87 $175.64

Caldwell SnackAbility

7.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
6
Diversity
8.5
Safety
9
Amenities
9
Education
9
Commute
6

Cost Of Living In Cities Around Caldwell

City Population Cost Of Living Vs. Caldwell
Westfield, NJ 29,690 170 1.2x
Oakland, NJ 12,953 138 1.0x
Woodland Park, NJ 12,608 133 1.0x
Hasbrouck Heights, NJ 12,026 134 1.0x
Glen Rock, NJ 11,747 163 1.2x
Florham Park, NJ 11,719 165 1.2x
Upper Montclair, NJ 11,439 169 1.2x
Totowa, NJ 10,810 131 0.9x
Hillsdale, NJ 10,317 162 1.2x
Lincoln Park, NJ 10,220 124 0.9x

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