According to the most recent data on the cost of living, Caldwell has an overall cost of living index of 139 which is 1.4x higher than the national index of 100.
Compared to only New Jersey, Caldwell has a cost of living index that's 1.1x higher than New Jersey's index of 123.
The standard of living in Caldwell ranks as #5562 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Caldwell ranks as the #845 most expensive place in the Garden State.
|Living Expense||Caldwell||New Jersey||National Average|
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.
|City||Population||Cost Of Living||Vs. Caldwell|
|Woodland Park, NJ||12,489||132||0.9x|
|Hasbrouck Heights, NJ||12,091||136||1.0x|
|Glen Rock, NJ||11,826||165||1.2x|
|Upper Montclair, NJ||11,744||172||1.2x|
|Florham Park, NJ||11,672||162||1.2x|
|Lincoln Park, NJ||10,339||130||0.9x|