Cost of living in Haledon 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 Haledon 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 Haledon is 117, with 100 being the average.
The cost of living index in Haledon is 1.2x higher than the national average.
Haledon ranks as the #71 cheapest in New Jersey out of 260.
Haledon ranks as the #4,212 cheapest out of 6,489 in the US.
The median home value in Haledon is $544,560.
The median income in Haledon is $94,178.
According to the most recent data on the cost of living, Haledon has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Haledon has a cost of living index that's 1.0x lower than New Jersey's index of 122.
The standard of living in Haledon ranks as #71 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Haledon ranks as the #189 most expensive place in the Garden State.
For more reading on life in Haledon, check out:
Six factors go into calculating the cost of living index in Haledon. Here is how it fairs on each of the criteria:
The Services index in Haledon is 105.
The Groceries index in Haledon is 104.
The Health index in Haledon is 95.
The Housing index in Haledon is 150.
The Transportation index in Haledon is 106.
The Utilities index in Haledon is 111.
| Living Expense | Haledon | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 117 | 122 | 100 | |
| Services | 105 | 108 | 100 | |
| Groceries | 104 | 104 | 100 | |
| Health | 95 | 99 | 100 | |
| Housing | 150 | 159 | 100 | |
| Transportation | 106 | 101 | 100 | |
| Utilities | 111 | 107 | 100 | |
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 Haledon is $544,560.
The Median Rent in Haledon is $1,651.
The Median Income in Haledon is $94,178.
The Home Value To Income in Haledon is 5.8x.
The Rent To Monthly Income in Haledon is 0.21x.
| Statistic | Haledon | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $544,560 | $564,432 | $303,400 |
| Median Rent | $1,651 | $1,653 | $1,348 |
| Median Income | $94,178 | $101,050 | $78,538 |
| Home Value To Income | 5.8x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.21x |
| Item | Haledon | New Jersey |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $15.78 | $12.13 |
| Bowling | $21.0 | $18 |
| Haircut | $25.62 | $24.26 |
| Beauty Salon | $41.67 | $45.56 |
| Item | Haledon | New Jersey |
|---|---|---|
| Ground Beef | $5.65 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.71 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.33 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
| Item | Haledon | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
| Item | Haledon | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
| Item | Haledon | New Jersey |
|---|---|---|
| All Electricity | $236.04 | $193.99 |
| Phone | $186.61 | $192.25 |
The cost of living varies in the cities and towns around Haledon. Here's a quick look at the cost of living in the most populous nearby places:
Paterson, NJ has a cost of living index of 114, 1.0x Haledon.
Fair Lawn, NJ has a cost of living index of 144, 1.2x Haledon.
Elmwood Park, NJ has a cost of living index of 135, 1.2x Haledon.
| City | Population | Cost Of Living | Vs. Haledon |
|---|---|---|---|
| Paterson, NJ | 157,660 | 114 | 1.0x |
| Fair Lawn, NJ | 35,153 | 144 | 1.2x |
| Elmwood Park, NJ | 21,287 | 135 | 1.2x |
| Eastchester, NY | 20,519 | 167 | 1.4x |
| Hawthorne, NJ | 19,472 | 135 | 1.2x |
| Woodland Park, NJ | 13,284 | 132 | 1.1x |
| Glen Rock, NJ | 12,082 | 165 | 1.4x |
| Dobbs Ferry, NY | 11,397 | 173 | 1.5x |
| Totowa, NJ | 10,919 | 130 | 1.1x |
| Hillcrest, NY | 8,989 | 140 | 1.2x |