What is the cost of living in River Edge, NJ?
According to the most recent data on the cost of living, River Edge has an overall cost of living index of 152, which is 1.5x higher than the national index of 100.
Compared to New Jersey, River Edge has a cost of living index that's 1.2x higher than New Jersey's index of 125.
The standard of living in River Edge ranks as #207 most affordable out of the 262 places we measured in New Jersey. By definition, that implies River Edge ranks as the #55 most expensive place in the Garden State.
For more reading on life in River Edge, check out:
River Edge Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in River Edge. Here is how it fares on each of the criteria:
The Services index in River Edge is 106.
The Groceries index in River Edge is 112.
The Health index in River Edge is 244.
The Housing index in River Edge is 113.
The Transportation index in River Edge is 114.
The Utilities index in River Edge is 108.
| Living Expense | River Edge | New Jersey | National Average |
|---|---|---|---|
| Overall | 152 | 125 | 100 |
| Services | 106 | 107 | 100 |
| Groceries | 112 | 113 | 100 |
| Health | 244 | 155 | 100 |
| Housing | 113 | 116 | 100 |
| Transportation | 114 | 112 | 100 |
| Utilities | 108 | 113 | 100 |
River Edge 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 River Edge Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
River Edge, 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 River Edge is $839,655.
The Median Rent in River Edge is $1,879.
The Median Income in River Edge is $159,028.
The Home Value To Income in River Edge is 5.3x.
The Rent To Monthly Income in River Edge is 0.14x.
| Statistic | River Edge | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $839,655 | $569,411 | $332,700 |
| Median Rent | $1,879 | $1,720 | $1,413 |
| Median Income | $159,028 | $103,556 | $80,734 |
| Home Value To Income | 5.3x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.14x | 0.2x | 0.21x |
River Edge, NJ Costs By Category
Detailed River Edge Services costs vs. New Jersey
| Item | River Edge | 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 River Edge Groceries costs vs. New Jersey
| Item | River Edge | 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 River Edge Health costs vs. New Jersey
| Item | River Edge | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed River Edge Transportation costs vs. New Jersey
| Item | River Edge | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed River Edge Utilities costs vs. New Jersey
| Item | River Edge | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
River Edge SnackAbility
Cost Of Living In Cities Around River Edge
The cost of living varies in the cities and towns around River Edge. Here's a quick look at the cost of living in the most populous nearby places:
Hackensack, NJ has a cost of living index of 128, 0.8x River Edge.
Bergenfield, NJ has a cost of living index of 134, 0.9x River Edge.
Paramus, NJ has a cost of living index of 175, 1.2x River Edge.
| City | Population | Cost Of Living | Vs. River Edge |
|---|---|---|---|
| Hackensack, NJ | 46,057 | 128 | 0.8x |
| Bergenfield, NJ | 28,450 | 134 | 0.9x |
| Paramus, NJ | 26,568 | 175 | 1.2x |
| Mamaroneck, NY | 19,826 | 165 | 1.1x |
| Dumont, NJ | 18,279 | 134 | 0.9x |
| Port Washington, NY | 18,004 | 196 | 1.3x |
| New Milford, NJ | 16,995 | 140 | 0.9x |
| Maywood, NJ | 10,093 | 137 | 0.9x |
| Bogota, NJ | 9,360 | 128 | 0.8x |
| Oradell, NJ | 8,235 | 170 | 1.1x |
