Closter, NJ Cost Of Living
Cost Of Living In Closter, NJ Summary
Cost of living in Closter 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 Closter 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 Closter is 179, with 100 being the average.
The cost of living index in Closter is 1.8x higher than the national average.
Closter ranks as the #242 cheapest in New Jersey out of 260.
Closter ranks as the #6,177 cheapest out of 6,489 in the US.
The median home value in Closter is $1,143,436.
The median income in Closter is $187,500.
Table Of Contents
Closter's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Closter, NJ?
According to the most recent data on the cost of living, Closter has an overall cost of living index of 179, which is 1.8x higher than the national index of 100.
Compared to New Jersey, Closter has a cost of living index that's 1.5x higher than New Jersey's index of 122.
The standard of living in Closter ranks as #242 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Closter ranks as the #18 most expensive place in the Garden State.
For more reading on life in Closter, check out:
In New Jersey
In America
Closter Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Closter. Here is how it fairs on each of the criteria:
The Services index in Closter is 125.
The Groceries index in Closter is 114.
The Health index in Closter is 123.
The Housing index in Closter is 324.
The Transportation index in Closter is 116.
The Utilities index in Closter is 102.
| Living Expense | Closter | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 179 | 122 | 100 | |
| Services | 125 | 108 | 100 | |
| Groceries | 114 | 104 | 100 | |
| Health | 123 | 99 | 100 | |
| Housing | 324 | 159 | 100 | |
| Transportation | 116 | 101 | 100 | |
| Utilities | 102 | 107 | 100 | |
Closter, 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 Closter is $1,143,436.
The Median Rent in Closter is $2,651.
The Median Income in Closter is $187,500.
The Home Value To Income in Closter is 6.1x.
The Rent To Monthly Income in Closter is 0.17x.
| Statistic | Closter | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $1,143,436 | $564,432 | $303,400 |
| Median Rent | $2,651 | $1,653 | $1,348 |
| Median Income | $187,500 | $101,050 | $78,538 |
| Home Value To Income | 6.1x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Closter, NJ Costs By Category
Detailed Closter Services Costs Vs. New Jersey
| Item | Closter | New Jersey |
|---|---|---|
| Shampoo | $1.69 | $1.28 |
| Movie | $13.68 | $12.13 |
| Bowling | $29.4 | $18 |
| Haircut | $34.94 | $24.26 |
| Beauty Salon | $64.07 | $45.56 |
Detailed Closter Groceries Costs Vs. New Jersey
| Item | Closter | New Jersey |
|---|---|---|
| Ground Beef | $5.87 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.97 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $12.57 | $12.09 |
| Beer | $11.87 | $10.41 |
| Toothpaste | $3.96 | $3.7 |
Detailed Closter Health Costs Vs. New Jersey
| Item | Closter | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Closter Transportation Costs Vs. New Jersey
| Item | Closter | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Closter Utilities Costs Vs. New Jersey
| Item | Closter | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Closter SnackAbility
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Cost Of Living In Cities Around Closter
The cost of living varies in the cities and towns around Closter. Here's a quick look at the cost of living in the most populous nearby places:
Mamaroneck, NY has a cost of living index of 166, 0.9x Closter.
Dumont, NJ has a cost of living index of 140, 0.8x Closter.
Port Washington, NY has a cost of living index of 194, 1.1x Closter.
| City | Population | Cost Of Living | Vs. Closter |
|---|---|---|---|
| Mamaroneck, NY | 19,840 | 166 | 0.9x |
| Dumont, NJ | 18,072 | 140 | 0.8x |
| Port Washington, NY | 17,613 | 194 | 1.1x |
| Cresskill, NJ | 9,101 | 183 | 1.0x |
| Pleasantville, NY | 7,395 | 176 | 1.0x |
| Briarcliff Manor, NY | 7,333 | 178 | 1.0x |
| Emerson, NJ | 7,263 | 163 | 0.9x |
| Tappan, NY | 6,704 | 161 | 0.9x |
| Larchmont, NY | 6,542 | 231 | 1.3x |
| Irvington, NY | 6,541 | 170 | 0.9x |
