What is the cost of living in Edgewater, NJ?
According to the most recent data on the cost of living, Edgewater has an overall cost of living index of 174, which is 1.7x higher than the national index of 100.
Compared to New Jersey, Edgewater has a cost of living index that's 1.4x higher than New Jersey's index of 125.
The standard of living in Edgewater ranks as #236 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Edgewater ranks as the #26 most expensive place in the Garden State.
For more reading on life in Edgewater, check out:
Edgewater Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Edgewater. Here is how it fares on each of the criteria:
The Services index in Edgewater is 104.
The Groceries index in Edgewater is 112.
The Health index in Edgewater is 315.
The Housing index in Edgewater is 115.
The Transportation index in Edgewater is 107.
The Utilities index in Edgewater is 108.
| Living Expense | Edgewater | New Jersey | National Average |
|---|---|---|---|
| Overall | 174 | 125 | 100 |
| Services | 104 | 107 | 100 |
| Groceries | 112 | 113 | 100 |
| Health | 315 | 155 | 100 |
| Housing | 115 | 116 | 100 |
| Transportation | 107 | 112 | 100 |
| Utilities | 108 | 113 | 100 |
Edgewater Cost Of Living Compared To New Jersey Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Jersey, check out:
Protect your home budget Compare home warranties in Edgewater Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Edgewater, 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 2020-2024. The key points are:
The Median Home Value in Edgewater is $714,157.
The Median Rent in Edgewater is $2,579.
The Median Income in Edgewater is $124,050.
The Home Value To Income in Edgewater is 5.8x.
The Rent To Monthly Income in Edgewater is 0.25x.
| Statistic | Edgewater | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $714,157 | $569,411 | $332,700 |
| Median Rent | $2,579 | $1,720 | $1,413 |
| Median Income | $124,050 | $103,556 | $80,734 |
| Home Value To Income | 5.8x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.25x | 0.2x | 0.21x |
Edgewater, NJ Costs By Category
Detailed Edgewater Services costs vs. New Jersey
| Item | Edgewater | 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 Edgewater Groceries costs vs. New Jersey
| Item | Edgewater | 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 Edgewater Health costs vs. New Jersey
| Item | Edgewater | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Edgewater Transportation costs vs. New Jersey
| Item | Edgewater | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Edgewater Utilities costs vs. New Jersey
| Item | Edgewater | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Edgewater SnackAbility
Cost Of Living In Cities Around Edgewater
The cost of living varies in the cities and towns around Edgewater. Here's a quick look at the cost of living in the most populous nearby places:
West New York, NJ has a cost of living index of 130, 0.7x Edgewater.
Fort Lee, NJ has a cost of living index of 135, 0.8x Edgewater.
Cliffside Park, NJ has a cost of living index of 145, 0.8x Edgewater.
| City | Population | Cost Of Living | Vs. Edgewater |
|---|---|---|---|
| West New York, NJ | 52,004 | 130 | 0.7x |
| Fort Lee, NJ | 40,067 | 135 | 0.8x |
| Cliffside Park, NJ | 25,781 | 145 | 0.8x |
| Palisades Park, NJ | 20,290 | 160 | 0.9x |
| Woodmere, NY | 18,061 | 186 | 1.1x |
| Port Washington, NY | 18,004 | 196 | 1.1x |
| Fairview, NJ | 15,099 | 151 | 0.9x |
| North New Hyde Park, NY | 14,159 | 169 | 1.0x |
| Ridgefield Park, NJ | 13,235 | 131 | 0.8x |
| Guttenberg, NJ | 11,754 | 129 | 0.7x |
