What is the cost of living in North Caldwell, NJ?
According to the most recent data on the cost of living, North Caldwell has an overall cost of living index of 200, which is 2.0x higher than the national index of 100.
Compared to New Jersey, North Caldwell has a cost of living index that's 1.6x higher than New Jersey's index of 125.
The standard of living in North Caldwell ranks as #255 most affordable out of the 262 places we measured in New Jersey. By definition, that implies North Caldwell ranks as the #7 most expensive place in the Garden State.
For more reading on life in North Caldwell, check out:
North Caldwell Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in North Caldwell. Here is how it fares on each of the criteria:
The Services index in North Caldwell is 109.
The Groceries index in North Caldwell is 116.
The Health index in North Caldwell is 402.
The Housing index in North Caldwell is 111.
The Transportation index in North Caldwell is 113.
The Utilities index in North Caldwell is 114.
| Living Expense | North Caldwell | New Jersey | National Average |
|---|---|---|---|
| Overall | 200 | 125 | 100 |
| Services | 109 | 107 | 100 |
| Groceries | 116 | 113 | 100 |
| Health | 402 | 155 | 100 |
| Housing | 111 | 116 | 100 |
| Transportation | 113 | 112 | 100 |
| Utilities | 114 | 113 | 100 |
North Caldwell 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 North Caldwell Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
North Caldwell, 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 North Caldwell is $1,133,695.
The Median Rent in North Caldwell is $3,329.
The Median Income in North Caldwell is $208,245.
The Home Value To Income in North Caldwell is 5.4x.
The Rent To Monthly Income in North Caldwell is 0.19x.
| Statistic | North Caldwell | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $1,133,695 | $569,411 | $332,700 |
| Median Rent | $3,329 | $1,720 | $1,413 |
| Median Income | $208,245 | $103,556 | $80,734 |
| Home Value To Income | 5.4x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.2x | 0.21x |
North Caldwell, NJ Costs By Category
Detailed North Caldwell Services costs vs. New Jersey
| Item | North Caldwell | 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 |
Detailed North Caldwell Groceries costs vs. New Jersey
| Item | North Caldwell | 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 |
Detailed North Caldwell Health costs vs. New Jersey
| Item | North Caldwell | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
Detailed North Caldwell Transportation costs vs. New Jersey
| Item | North Caldwell | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
Detailed North Caldwell Utilities costs vs. New Jersey
| Item | North Caldwell | New Jersey |
|---|---|---|
| All Electricity | $236.04 | $193.99 |
| Phone | $186.61 | $192.25 |
North Caldwell SnackAbility
Cost Of Living In Cities Around North Caldwell
The cost of living varies in the cities and towns around North Caldwell. Here's a quick look at the cost of living in the most populous nearby places:
Pearl River, NY has a cost of living index of 146, 0.7x North Caldwell.
Florham Park, NJ has a cost of living index of 174, 0.9x North Caldwell.
Woodland Park, NJ has a cost of living index of 135, 0.7x North Caldwell.
| City | Population | Cost Of Living | Vs. North Caldwell |
|---|---|---|---|
| Pearl River, NY | 16,155 | 146 | 0.7x |
| Florham Park, NJ | 13,564 | 174 | 0.9x |
| Woodland Park, NJ | 13,355 | 135 | 0.7x |
| Upper Montclair, NJ | 12,457 | 184 | 0.9x |
| Glen Rock, NJ | 12,154 | 174 | 0.9x |
| Hasbrouck Heights, NJ | 12,115 | 140 | 0.7x |
| Suffern, NY | 11,441 | 128 | 0.6x |
| Totowa, NJ | 10,959 | 138 | 0.7x |
| Lincoln Park, NJ | 10,957 | 133 | 0.7x |
| Chestnut Ridge, NY | 10,557 | 153 | 0.8x |
