Edgewater, NJ Cost Of Living
Edgewater's Overall Cost Of Living
Higher Than The National Average
In New Jersey
In America
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 171 which is 1.7x higher than the national index of 100.
Compared to only New Jersey, Edgewater has a cost of living index that's 1.4x higher than New Jersey's index of 121.
The standard of living in Edgewater ranks as #6,140 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Edgewater ranks as the #279 most expensive place in the Garden State.
Edgewater Cost Of Living Vs. New Jersey
| Living Expense | Edgewater | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 171 | 121 | 100 | |
| Services | 134 | 107 | 100 | |
| Groceries | 148 | 107 | 100 | |
| Health | 111 | 100 | 100 | |
| Housing | 273 | 160 | 100 | |
| Transportation | 130 | 106 | 100 | |
| Utilities | 98 | 98 | 100 | |
Edgewater, 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.
Median Home Value
Median Rent
Median Income
| Statistic | Edgewater | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $617,500 | $343,500 | $229,800 |
| Median Rent | $2,422 | $1,368 | $1,096 |
| Median Income | $130,267 | $85,245 | $64,994 |
| Home Value To Income | 4.7x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.19x | 0.2x |
Detailed Edgewater Services Costs Vs. New Jersey
| Item | Edgewater | New Jersey |
|---|---|---|
| Shampoo | $1.67 | $1.06 |
| Movie | $16.31 | $10.68 |
| Bowling | $20.49 | $14.67 |
Detailed Edgewater Groceries Costs Vs. New Jersey
| Item | Edgewater | New Jersey |
|---|---|---|
| Ground Beef | $6.4 | $4.22 |
| Fried Chicken | $2.65 | $1.39 |
| Milk | $3.11 | $2.05 |
Detailed Edgewater Health Costs Vs. New Jersey
| Item | Edgewater | New Jersey |
|---|---|---|
| Haircut | $23.25 | $18.62 |
| Beauty Salon | $60.79 | $39.05 |
| Toothpaste | $4.42 | $2.34 |
Detailed Edgewater Transportation Costs Vs. New Jersey
| Item | Edgewater | New Jersey |
|---|---|---|
| Potatoes | $4.16 | $3.29 |
| Pizza | $12.33 | $10.62 |
| Beer | $12.01 | $9.38 |
| Optometrist | $108.08 | $108.57 |
| Doctor | $106.72 | $116.17 |
| Dentist | $124.43 | $99.13 |
Detailed Edgewater Utilities Costs Vs. New Jersey
| Item | Edgewater | New Jersey |
|---|---|---|
| Gasoline | $2.62 | $2.22 |
| Tire Balancing | $80.22 | $50.07 |
| All Electricity | $157.7 | $167.67 |
| Phone | $189.52 | $175.64 |
Edgewater SnackAbility
/10
Cost Of Living In Cities Around Edgewater
| City | Population | Cost Of Living | Vs. Edgewater |
|---|---|---|---|
| West New York, NJ | 52,778 | 138 | 0.8x |
| Fort Lee, NJ | 37,843 | 141 | 0.8x |
| Cliffside Park, NJ | 25,410 | 152 | 0.9x |
| Palisades Park, NJ | 20,693 | 162 | 0.9x |
| Woodmere, NY | 17,020 | 176 | 1.0x |
| Port Washington, NY | 16,232 | 185 | 1.1x |
| North New Hyde Park, NY | 14,952 | 170 | 1.0x |
| Fairview, NJ | 14,218 | 140 | 0.8x |
| Ridgefield Park, NJ | 12,928 | 141 | 0.8x |
| Guttenberg, NJ | 11,284 | 137 | 0.8x |
