Dumont, NJ Cost Of Living
Cost Of Living In Dumont, NJ Summary
Cost of living in Dumont 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 Dumont 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 Dumont is 140, with 100 being the average.
The cost of living index in Dumont is 1.4x higher than the national average.
Dumont ranks as the #172 cheapest in New Jersey out of 260.
Dumont ranks as the #5,404 cheapest out of 6,489 in the US.
The median home value in Dumont is $641,632.
The median income in Dumont is $125,585.
Table Of Contents
Dumont's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Dumont, NJ?
According to the most recent data on the cost of living, Dumont has an overall cost of living index of 140, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Dumont has a cost of living index that's 1.1x higher than New Jersey's index of 122.
The standard of living in Dumont ranks as #172 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Dumont ranks as the #88 most expensive place in the Garden State.
For more reading on life in Dumont, check out:
In New Jersey
In America
Dumont Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Dumont. Here is how it fairs on each of the criteria:
The Services index in Dumont is 129.
The Groceries index in Dumont is 115.
The Health index in Dumont is 122.
The Housing index in Dumont is 189.
The Transportation index in Dumont is 116.
The Utilities index in Dumont is 104.
| Living Expense | Dumont | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 140 | 122 | 100 | |
| Services | 129 | 108 | 100 | |
| Groceries | 115 | 104 | 100 | |
| Health | 122 | 99 | 100 | |
| Housing | 189 | 159 | 100 | |
| Transportation | 116 | 101 | 100 | |
| Utilities | 104 | 107 | 100 | |
Dumont, 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 Dumont is $641,632.
The Median Rent in Dumont is $1,778.
The Median Income in Dumont is $125,585.
The Home Value To Income in Dumont is 5.1x.
The Rent To Monthly Income in Dumont is 0.17x.
| Statistic | Dumont | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $641,632 | $564,432 | $303,400 |
| Median Rent | $1,778 | $1,653 | $1,348 |
| Median Income | $125,585 | $101,050 | $78,538 |
| Home Value To Income | 5.1x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Dumont, NJ Costs By Category
Detailed Dumont Services Costs Vs. New Jersey
| Item | Dumont | 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 Dumont Groceries Costs Vs. New Jersey
| Item | Dumont | 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 Dumont Health Costs Vs. New Jersey
| Item | Dumont | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Dumont Transportation Costs Vs. New Jersey
| Item | Dumont | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Dumont Utilities Costs Vs. New Jersey
| Item | Dumont | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Dumont SnackAbility
/10
Cost Of Living In Cities Around Dumont
The cost of living varies in the cities and towns around Dumont. Here's a quick look at the cost of living in the most populous nearby places:
Bergenfield, NJ has a cost of living index of 137, 1.0x Dumont.
Mamaroneck, NY has a cost of living index of 166, 1.2x Dumont.
Port Washington, NY has a cost of living index of 194, 1.4x Dumont.
| City | Population | Cost Of Living | Vs. Dumont |
|---|---|---|---|
| Bergenfield, NJ | 28,269 | 137 | 1.0x |
| Mamaroneck, NY | 19,840 | 166 | 1.2x |
| Port Washington, NY | 17,613 | 194 | 1.4x |
| New Milford, NJ | 16,882 | 148 | 1.1x |
| Tenafly, NJ | 15,252 | 210 | 1.5x |
| River Edge, NJ | 12,024 | 159 | 1.1x |
| Cresskill, NJ | 9,101 | 183 | 1.3x |
| Closter, NJ | 8,544 | 179 | 1.3x |
| Oradell, NJ | 8,197 | 172 | 1.2x |
| Pleasantville, NY | 7,395 | 176 | 1.3x |
