Emerson, NJ Cost Of Living
Cost Of Living In Emerson, NJ Summary
Cost of living in Emerson 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 Emerson 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 Emerson is 163, with 100 being the average.
The cost of living index in Emerson is 1.6x higher than the national average.
Emerson ranks as the #224 cheapest in New Jersey out of 260.
Emerson ranks as the #5,948 cheapest out of 6,489 in the US.
The median home value in Emerson is $776,438.
The median income in Emerson is $153,963.
Table Of Contents
Emerson's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Emerson, NJ?
According to the most recent data on the cost of living, Emerson has an overall cost of living index of 163, which is 1.6x higher than the national index of 100.
Compared to New Jersey, Emerson has a cost of living index that's 1.3x higher than New Jersey's index of 122.
The standard of living in Emerson ranks as #224 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Emerson ranks as the #36 most expensive place in the Garden State.
For more reading on life in Emerson, check out:
In New Jersey
In America
Emerson Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Emerson. Here is how it fairs on each of the criteria:
The Services index in Emerson is 127.
The Groceries index in Emerson is 112.
The Health index in Emerson is 119.
The Housing index in Emerson is 262.
The Transportation index in Emerson is 117.
The Utilities index in Emerson is 100.
| Living Expense | Emerson | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 163 | 122 | 100 | |
| Services | 127 | 108 | 100 | |
| Groceries | 112 | 104 | 100 | |
| Health | 119 | 99 | 100 | |
| Housing | 262 | 159 | 100 | |
| Transportation | 117 | 101 | 100 | |
| Utilities | 100 | 107 | 100 | |
Emerson, 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 Emerson is $776,438.
The Median Rent in Emerson is $1,926.
The Median Income in Emerson is $153,963.
The Home Value To Income in Emerson is 5.0x.
The Rent To Monthly Income in Emerson is 0.15x.
| Statistic | Emerson | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $776,438 | $564,432 | $303,400 |
| Median Rent | $1,926 | $1,653 | $1,348 |
| Median Income | $153,963 | $101,050 | $78,538 |
| Home Value To Income | 5.0x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.15x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Emerson, NJ Costs By Category
Detailed Emerson Services Costs Vs. New Jersey
| Item | Emerson | 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 Emerson Groceries Costs Vs. New Jersey
| Item | Emerson | 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 Emerson Health Costs Vs. New Jersey
| Item | Emerson | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Emerson Transportation Costs Vs. New Jersey
| Item | Emerson | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Emerson Utilities Costs Vs. New Jersey
| Item | Emerson | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Emerson SnackAbility
/10
Cost Of Living In Cities Around Emerson
The cost of living varies in the cities and towns around Emerson. Here's a quick look at the cost of living in the most populous nearby places:
Paramus, NJ has a cost of living index of 169, 1.0x Emerson.
Eastchester, NY has a cost of living index of 167, 1.0x Emerson.
Mamaroneck, NY has a cost of living index of 166, 1.0x Emerson.
| City | Population | Cost Of Living | Vs. Emerson |
|---|---|---|---|
| Paramus, NJ | 26,500 | 169 | 1.0x |
| Eastchester, NY | 20,519 | 167 | 1.0x |
| Mamaroneck, NY | 19,840 | 166 | 1.0x |
| Dumont, NJ | 18,072 | 140 | 0.9x |
| New Milford, NJ | 16,882 | 148 | 0.9x |
| River Edge, NJ | 12,024 | 159 | 1.0x |
| Westwood, NJ | 11,221 | 155 | 1.0x |
| Hillsdale, NJ | 10,086 | 160 | 1.0x |
| Closter, NJ | 8,544 | 179 | 1.1x |
| Oradell, NJ | 8,197 | 172 | 1.1x |
