These Are The 10 Most Expensive Cities In New Jersey

Everyone wants a home that mixes affordability with comfort and New Jersey does this very well. Families love the Garden State’s beaches, midlands, and mountains as tourists before moving here and calling it home.

But before you decide to relocate, you have to do some research into the exact cost of living around the state — and that’s how we’re going to help you.

These are the places in New Jersey that cost a pretty penny — the most expensive cities in the state. After we saved up for months and could finally afford it, we landed on this list of the ten most expensive cities in New Jersey:

1. Englewood Cliffs (Photos)
2. Tenafly (Photos)
3. Old Tappan (Photos)
4. Woodcliff Lake (Photos)
5. Closter (Photos)
6. Cresskill (Photos)
7. Little Silver (Photos)
8. Norwood (Photos)
9. Upper Saddle River (Photos)
10. Edgewater (Photos)

If you’re wondering, Bridgeton is the most affordable city in New Jersey.

Read on to see why these places cost so much more than average. Or check out the most affordable places in New Jersey.

How We Determined The Most Expensive Cities In New Jersey

There are basic necessities that you have to buy no matter where in the country you live. Those things include:

• Housing
• Food
• Gas
• Health Insurance
• Utilities
• Transportation

You can then compare the cost of these things in each of the places in New Jersey to figure out which is the most expensive.

For reference, the United State averages a cost of living 100. A score below 100 means that the city has a below average cost of living while a score over 100 has a high cost of living for that category.

So we used that cost of living index in order to rank all of the 169 places in New Jersey that have more than 5,000 people.

The city with the highest cost of living index, Englewood Cliffs, rank as being the most expensive.

1. Englewood Cliffs

Population: 5,346
Services Index: 151
Groceries Index: 121
Housing Index: 530
Healthcare Index: 117
Transportation Index: 138
Utilities Index: 133

2. Tenafly

Population: 14,672
Services Index: 151
Groceries Index: 121
Housing Index: 391
Healthcare Index: 117
Transportation Index: 138
Utilities Index: 133

3. Old Tappan

Population: 5,835
Services Index: 127
Groceries Index: 132
Housing Index: 432
Healthcare Index: 115
Transportation Index: 134
Utilities Index: 133

4. Woodcliff Lake

Population: 5,785
Services Index: 127
Groceries Index: 132
Housing Index: 350
Healthcare Index: 115
Transportation Index: 134
Utilities Index: 133

5. Closter

Population: 8,519
Services Index: 127
Groceries Index: 132
Housing Index: 332
Healthcare Index: 115
Transportation Index: 134
Utilities Index: 133

6. Cresskill

Population: 8,669
Services Index: 127
Groceries Index: 132
Housing Index: 332
Healthcare Index: 115
Transportation Index: 134
Utilities Index: 133

7. Little Silver

Population: 5,920
Services Index: 151
Groceries Index: 121
Housing Index: 317
Healthcare Index: 117
Transportation Index: 138
Utilities Index: 133

8. Norwood

Population: 5,769
Services Index: 127
Groceries Index: 132
Housing Index: 325
Healthcare Index: 115
Transportation Index: 134
Utilities Index: 133

9. Upper Saddle River

Population: 8,304
Services Index: 115
Groceries Index: 106
Housing Index: 507
Healthcare Index: 107
Transportation Index: 111
Utilities Index: 98

10. Edgewater

Population: 11,969
Services Index: 151
Groceries Index: 121
Housing Index: 305
Healthcare Index: 117
Transportation Index: 138
Utilities Index: 133

Taking A Chunk Out Of Your Paycheck

Well there you have it, the places in New Jersey that have the highest cost of living, with Englewood Cliffs ranking as the most exensive city in the Garden State.

If you’re curious, here are the most least expensive cities in New Jersey:

1. Bridgeton
2. Penns Grove
3. Trenton

For more New Jersey reading , check out:

• The Ultimate Bagel Road Trip Across New Jersey Will Blow The Taste Buds Out Of Your Mouth
• These Are The 10 Best Places To Live In New Jersey
• These Are The 10 Most Affordable Places In New Jersey

Detailed List Of The Most Expensive Cities In New Jersey