Cost of living in North 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 North 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 North Haledon is 142, with 100 being the average.
The cost of living index in North Haledon is 1.4x higher than the national average.
North Haledon ranks as the #181 cheapest in New Jersey out of 260.
North Haledon ranks as the #5,468 cheapest out of 6,489 in the US.
The median home value in North Haledon is $700,244.
The median income in North Haledon is $131,810.
According to the most recent data on the cost of living, North Haledon has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.
Compared to New Jersey, North Haledon has a cost of living index that's 1.2x higher than New Jersey's index of 122.
The standard of living in North Haledon ranks as #181 most affordable out of the 260 places we measured in New Jersey. By definition, that implies North Haledon ranks as the #79 most expensive place in the Garden State.
For more reading on life in North Haledon, check out:
Six factors go into calculating the cost of living index in North Haledon. Here is how it fairs on each of the criteria:
The Services index in North Haledon is 108.
The Groceries index in North Haledon is 101.
The Health index in North Haledon is 98.
The Housing index in North Haledon is 233.
The Transportation index in North Haledon is 109.
The Utilities index in North Haledon is 110.
| Living Expense | North Haledon | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 142 | 122 | 100 | |
| Services | 108 | 108 | 100 | |
| Groceries | 101 | 104 | 100 | |
| Health | 98 | 99 | 100 | |
| Housing | 233 | 159 | 100 | |
| Transportation | 109 | 101 | 100 | |
| Utilities | 110 | 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 North Haledon is $700,244.
The Median Rent in North Haledon is $2,435.
The Median Income in North Haledon is $131,810.
The Home Value To Income in North Haledon is 5.3x.
The Rent To Monthly Income in North Haledon is 0.22x.
| Statistic | North Haledon | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $700,244 | $564,432 | $303,400 |
| Median Rent | $2,435 | $1,653 | $1,348 |
| Median Income | $131,810 | $101,050 | $78,538 |
| Home Value To Income | 5.3x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
| Item | North 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 | North 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 | North Haledon | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
| Item | North Haledon | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
| Item | North 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 North 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, 0.8x North Haledon.
Fair Lawn, NJ has a cost of living index of 144, 1.0x North Haledon.
Ridgewood, NJ has a cost of living index of 180, 1.3x North Haledon.
| City | Population | Cost Of Living | Vs. North Haledon |
|---|---|---|---|
| Paterson, NJ | 157,660 | 114 | 0.8x |
| Fair Lawn, NJ | 35,153 | 144 | 1.0x |
| Ridgewood, NJ | 26,076 | 180 | 1.3x |
| Eastchester, NY | 20,519 | 167 | 1.2x |
| Hawthorne, NJ | 19,472 | 135 | 1.0x |
| Glen Rock, NJ | 12,082 | 165 | 1.2x |
| Dobbs Ferry, NY | 11,397 | 173 | 1.2x |
| Franklin Lakes, NJ | 11,011 | 216 | 1.5x |
| Totowa, NJ | 10,919 | 130 | 0.9x |
| Hillcrest, NY | 8,989 | 140 | 1.0x |