What is the cost of living in Totowa, NJ?
According to the most recent data on the cost of living, Totowa has an overall cost of living index of 138, which is 1.4x higher than the national index of 100.
Compared to New Jersey, Totowa has a cost of living index that's 1.1x higher than New Jersey's index of 125.
The standard of living in Totowa ranks as #161 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Totowa ranks as the #101 most expensive place in the Garden State.
For more reading on life in Totowa, check out:
Totowa Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Totowa. Here is how it fares on each of the criteria:
The Services index in Totowa is 108.
The Groceries index in Totowa is 111.
The Health index in Totowa is 188.
The Housing index in Totowa is 119.
The Transportation index in Totowa is 112.
The Utilities index in Totowa is 113.
| Living Expense | Totowa | New Jersey | National Average |
|---|---|---|---|
| Overall | 138 | 125 | 100 |
| Services | 108 | 107 | 100 |
| Groceries | 111 | 113 | 100 |
| Health | 188 | 155 | 100 |
| Housing | 119 | 116 | 100 |
| Transportation | 112 | 112 | 100 |
| Utilities | 113 | 113 | 100 |
Totowa 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 Totowa Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Totowa, 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 Totowa is $659,952.
The Median Rent in Totowa is $2,072.
The Median Income in Totowa is $113,563.
The Home Value To Income in Totowa is 5.8x.
The Rent To Monthly Income in Totowa is 0.22x.
| Statistic | Totowa | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $659,952 | $569,411 | $332,700 |
| Median Rent | $2,072 | $1,720 | $1,413 |
| Median Income | $113,563 | $103,556 | $80,734 |
| Home Value To Income | 5.8x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.21x |
Totowa, NJ Costs By Category
Detailed Totowa Services costs vs. New Jersey
| Item | Totowa | 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 Totowa Groceries costs vs. New Jersey
| Item | Totowa | 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 Totowa Health costs vs. New Jersey
| Item | Totowa | New Jersey |
|---|---|---|
| Optometrist | $157.11 | $125.68 |
| Doctor | $115.59 | $135.78 |
| Dentist | $124.27 | $113.29 |
Detailed Totowa Transportation costs vs. New Jersey
| Item | Totowa | New Jersey |
|---|---|---|
| Gasoline | $3.41 | $3.46 |
| Tire Balancing | $82.67 | $59.92 |
Detailed Totowa Utilities costs vs. New Jersey
| Item | Totowa | New Jersey |
|---|---|---|
| All Electricity | $236.04 | $193.99 |
| Phone | $186.61 | $192.25 |
Totowa SnackAbility
Cost Of Living In Cities Around Totowa
The cost of living varies in the cities and towns around Totowa. 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 121, 0.9x Totowa.
Clifton, NJ has a cost of living index of 132, 1.0x Totowa.
Nanuet, NY has a cost of living index of 143, 1.0x Totowa.
| City | Population | Cost Of Living | Vs. Totowa |
|---|---|---|---|
| Paterson, NJ | 158,735 | 121 | 0.9x |
| Clifton, NJ | 89,379 | 132 | 1.0x |
| Nanuet, NY | 19,799 | 143 | 1.0x |
| Woodland Park, NJ | 13,355 | 135 | 1.0x |
| Upper Montclair, NJ | 12,457 | 184 | 1.3x |
| Dobbs Ferry, NY | 11,443 | 173 | 1.3x |
| Suffern, NY | 11,441 | 128 | 0.9x |
| Lincoln Park, NJ | 10,957 | 133 | 1.0x |
| Chestnut Ridge, NY | 10,557 | 153 | 1.1x |
| Hillcrest, NY | 9,071 | 141 | 1.0x |
