Cost of living in Secaucus 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 Secaucus 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 Secaucus is 155, with 100 being the average.
The cost of living index in Secaucus is 1.6x higher than the national average.
Secaucus ranks as the #209 cheapest in New Jersey out of 260.
Secaucus ranks as the #5,809 cheapest out of 6,489 in the US.
The median home value in Secaucus is $653,905.
The median income in Secaucus is $134,746.
According to the most recent data on the cost of living, Secaucus has an overall cost of living index of 155, which is 1.6x higher than the national index of 100.
Compared to New Jersey, Secaucus has a cost of living index that's 1.3x higher than New Jersey's index of 122.
The standard of living in Secaucus ranks as #209 most affordable out of the 260 places we measured in New Jersey. By definition, that implies Secaucus ranks as the #51 most expensive place in the Garden State.
For more reading on life in Secaucus, check out:
Six factors go into calculating the cost of living index in Secaucus. Here is how it fairs on each of the criteria:
The Services index in Secaucus is 125.
The Groceries index in Secaucus is 115.
The Health index in Secaucus is 123.
The Housing index in Secaucus is 239.
The Transportation index in Secaucus is 115.
The Utilities index in Secaucus is 102.
| Living Expense | Secaucus | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 155 | 122 | 100 | |
| Services | 125 | 108 | 100 | |
| Groceries | 115 | 104 | 100 | |
| Health | 123 | 99 | 100 | |
| Housing | 239 | 159 | 100 | |
| Transportation | 115 | 101 | 100 | |
| Utilities | 102 | 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 Secaucus is $653,905.
The Median Rent in Secaucus is $2,197.
The Median Income in Secaucus is $134,746.
The Home Value To Income in Secaucus is 4.9x.
The Rent To Monthly Income in Secaucus is 0.2x.
| Statistic | Secaucus | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $653,905 | $564,432 | $303,400 |
| Median Rent | $2,197 | $1,653 | $1,348 |
| Median Income | $134,746 | $101,050 | $78,538 |
| Home Value To Income | 4.9x | 5.6x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.2x | 0.21x |
| Item | Secaucus | 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 |
| Item | Secaucus | 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 |
| Item | Secaucus | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
| Item | Secaucus | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
| Item | Secaucus | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
The cost of living varies in the cities and towns around Secaucus. Here's a quick look at the cost of living in the most populous nearby places:
Hoboken, NJ has a cost of living index of 192, 1.2x Secaucus.
West New York, NJ has a cost of living index of 136, 0.9x Secaucus.
Kearny, NJ has a cost of living index of 128, 0.8x Secaucus.
| City | Population | Cost Of Living | Vs. Secaucus |
|---|---|---|---|
| Hoboken, NJ | 58,340 | 192 | 1.2x |
| West New York, NJ | 51,683 | 136 | 0.9x |
| Kearny, NJ | 40,570 | 128 | 0.8x |
| Eastchester, NY | 20,519 | 167 | 1.1x |
| Rutherford, NJ | 18,748 | 144 | 0.9x |
| North Valley Stream, NY | 17,756 | 151 | 1.0x |
| North Arlington, NJ | 16,368 | 128 | 0.8x |
| Floral Park, NY | 16,025 | 170 | 1.1x |
| Guttenberg, NJ | 11,638 | 130 | 0.8x |
| Dobbs Ferry, NY | 11,397 | 173 | 1.1x |