River Edge, NJ Cost Of Living
River Edge's Overall Cost Of Living
Higher Than The National Average
In New Jersey
In America
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 155 which is 1.6x higher than the national index of 100.
Compared to only New Jersey, River Edge has a cost of living index that's 1.3x higher than New Jersey's index of 121.
The standard of living in River Edge ranks as #5,932 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies River Edge ranks as the #486 most expensive place in the Garden State.
River Edge Cost Of Living Vs. New Jersey
| Living Expense | River Edge | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 155 | 121 | 100 | |
| Services | 131 | 107 | 100 | |
| Groceries | 149 | 107 | 100 | |
| Health | 112 | 100 | 100 | |
| Housing | 223 | 160 | 100 | |
| Transportation | 134 | 106 | 100 | |
| Utilities | 99 | 98 | 100 | |
River Edge, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | River Edge | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $523,900 | $343,500 | $229,800 |
| Median Rent | $1,598 | $1,368 | $1,096 |
| Median Income | $128,231 | $85,245 | $64,994 |
| Home Value To Income | 4.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.19x | 0.2x |
Detailed River Edge Services Costs Vs. New Jersey
| Item | River Edge | New Jersey |
|---|---|---|
| Shampoo | $1.67 | $1.06 |
| Movie | $16.31 | $10.68 |
| Bowling | $20.49 | $14.67 |
Detailed River Edge Groceries Costs Vs. New Jersey
| Item | River Edge | New Jersey |
|---|---|---|
| Ground Beef | $6.4 | $4.22 |
| Fried Chicken | $2.65 | $1.39 |
| Milk | $3.11 | $2.05 |
Detailed River Edge Health Costs Vs. New Jersey
| Item | River Edge | New Jersey |
|---|---|---|
| Haircut | $23.25 | $18.62 |
| Beauty Salon | $60.79 | $39.05 |
| Toothpaste | $4.42 | $2.34 |
Detailed River Edge Transportation Costs Vs. New Jersey
| Item | River Edge | New Jersey |
|---|---|---|
| Potatoes | $4.16 | $3.29 |
| Pizza | $12.33 | $10.62 |
| Beer | $12.01 | $9.38 |
| Optometrist | $108.08 | $108.57 |
| Doctor | $106.72 | $116.17 |
| Dentist | $124.43 | $99.13 |
Detailed River Edge Utilities Costs Vs. New Jersey
| Item | River Edge | New Jersey |
|---|---|---|
| Gasoline | $2.62 | $2.22 |
| Tire Balancing | $80.22 | $50.07 |
| All Electricity | $157.7 | $167.67 |
| Phone | $189.52 | $175.64 |
River Edge SnackAbility
/10
Cost Of Living In Cities Around River Edge
| City | Population | Cost Of Living | Vs. River Edge |
|---|---|---|---|
| Hackensack, NJ | 44,266 | 134 | 0.9x |
| Bergenfield, NJ | 27,375 | 141 | 0.9x |
| Paramus, NJ | 26,403 | 159 | 1.0x |
| Mamaroneck, NY | 19,247 | 165 | 1.1x |
| Dumont, NJ | 17,598 | 143 | 0.9x |
| New Milford, NJ | 16,477 | 147 | 0.9x |
| Port Washington, NY | 16,232 | 185 | 1.2x |
| Maywood, NJ | 9,626 | 147 | 0.9x |
| Bogota, NJ | 8,375 | 140 | 0.9x |
| Oradell, NJ | 8,126 | 168 | 1.1x |
