What is the cost of living in Westwood, NJ?
According to the most recent data on the cost of living, Westwood has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to New Jersey, Westwood has a cost of living index that's 1.2x higher than New Jersey's index of 125.
The standard of living in Westwood ranks as #192 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Westwood ranks as the #70 most expensive place in the Garden State.
For more reading on life in Westwood, check out:
Westwood Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Westwood. Here is how it fares on each of the criteria:
The Services index in Westwood is 108.
The Groceries index in Westwood is 106.
The Health index in Westwood is 233.
The Housing index in Westwood is 111.
The Transportation index in Westwood is 107.
The Utilities index in Westwood is 112.
| Living Expense | Westwood | New Jersey | National Average |
|---|---|---|---|
| Overall | 147 | 125 | 100 |
| Services | 108 | 107 | 100 |
| Groceries | 106 | 113 | 100 |
| Health | 233 | 155 | 100 |
| Housing | 111 | 116 | 100 |
| Transportation | 107 | 112 | 100 |
| Utilities | 112 | 113 | 100 |
Westwood 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 Westwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Westwood, 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 Westwood is $755,182.
The Median Rent in Westwood is $2,458.
The Median Income in Westwood is $165,781.
The Home Value To Income in Westwood is 4.6x.
The Rent To Monthly Income in Westwood is 0.18x.
| Statistic | Westwood | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $755,182 | $569,411 | $332,700 |
| Median Rent | $2,458 | $1,720 | $1,413 |
| Median Income | $165,781 | $103,556 | $80,734 |
| Home Value To Income | 4.6x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.2x | 0.21x |
Westwood, NJ Costs By Category
Detailed Westwood Services costs vs. New Jersey
| Item | Westwood | 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 Westwood Groceries costs vs. New Jersey
| Item | Westwood | 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 Westwood Health costs vs. New Jersey
| Item | Westwood | New Jersey |
|---|---|---|
| Optometrist | $128.97 | $125.68 |
| Doctor | $162.24 | $135.78 |
| Dentist | $149.64 | $113.29 |
Detailed Westwood Transportation costs vs. New Jersey
| Item | Westwood | New Jersey |
|---|---|---|
| Gasoline | $3.55 | $3.46 |
| Tire Balancing | $86.43 | $59.92 |
Detailed Westwood Utilities costs vs. New Jersey
| Item | Westwood | New Jersey |
|---|---|---|
| All Electricity | $201.27 | $193.99 |
| Phone | $200.67 | $192.25 |
Westwood SnackAbility
Cost Of Living In Cities Around Westwood
The cost of living varies in the cities and towns around Westwood. Here's a quick look at the cost of living in the most populous nearby places:
Paramus, NJ has a cost of living index of 175, 1.2x Westwood.
Eastchester, NY has a cost of living index of 168, 1.1x Westwood.
Mamaroneck, NY has a cost of living index of 165, 1.1x Westwood.
| City | Population | Cost Of Living | Vs. Westwood |
|---|---|---|---|
| Paramus, NJ | 26,568 | 175 | 1.2x |
| Eastchester, NY | 20,491 | 168 | 1.1x |
| Mamaroneck, NY | 19,826 | 165 | 1.1x |
| Hillsdale, NJ | 10,144 | 155 | 1.1x |
| Park Ridge, NJ | 9,406 | 163 | 1.1x |
| Oradell, NJ | 8,235 | 170 | 1.2x |
| Briarcliff Manor, NY | 7,519 | 178 | 1.2x |
| Pleasantville, NY | 7,371 | 178 | 1.2x |
| Emerson, NJ | 7,305 | 156 | 1.1x |
| Tappan, NY | 6,687 | 162 | 1.1x |
