Closter, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Closter, NJ Summary

Cost of living in Closter 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 Closter 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 Closter is 183, with 100 being the average.

  • The cost of living index in Closter is 1.8x higher than the national average.

  • Closter ranks as the #240 cheapest in New Jersey out of 251.

  • Closter ranks as the #6,230 cheapest out of 6,412 in the US.

  • The median home value in Closter is $697,800.

  • The median income in Closter is $166,125.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
183
Closter's Overall Cost Of Living
1.8x
Higher Than The National Average

What is the cost of living in Closter, NJ?

According to the most recent data on the cost of living, Closter has an overall cost of living index of 183, which is 1.8x higher than the national index of 100.

Compared to New Jersey, Closter has a cost of living index that's 1.6x higher than New Jersey's index of 111.

The standard of living in Closter ranks as #240 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Closter ranks as the #11 most expensive place in the Garden State.

For more reading on life in Closter, check out:

240 out of 251
In New Jersey
6,230 out of 6,412
In America

Closter Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Closter. Here is how it fairs on each of the criteria:

  • The Services index in Closter is 133.

  • The Groceries index in Closter is 149.

  • The Health index in Closter is 111.

  • The Housing index in Closter is 303.

  • The Transportation index in Closter is 130.

  • The Utilities index in Closter is 97.

Living Expense Closter New Jersey National Average
Overall 183 111 100
Services 133 104 100
Groceries 149 104 100
Health 111 95 100
Housing 303 130 100
Transportation 130 106 100
Utilities 97 108 100
For more reading on cost of living around New Jersey, check out:
Closter Cost of Living Vs. NJ

Closter, 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 2017-2021. The key points are:

  • The Median Home Value in Closter is $697,800.

  • The Median Rent in Closter is $2,308.

  • The Median Income in Closter is $166,125.

  • The Home Value To Income in Closter is 4.2x.

  • The Rent To Monthly Income in Closter is 0.17x.

Statistic Closter New Jersey United States
Median Home Value $697,800 $355,700 $244,900
Median Rent $2,308 $1,436 $1,163
Median Income $166,125 $89,703 $69,021
Home Value To Income 4.2x 4.0x 3.5x
Rent To Monthly Income 0.17x 0.19x 0.2x
Search Homes For Sale In Closter, NJ
$697,800
Median Home Value
$2,308
Median Rent
$166,125
Median Income

Closter, NJ Costs By Category

Detailed Closter Services Costs Vs. New Jersey

Item Closter New Jersey
Shampoo $1.67 $1.06
Movie $16.31 $10.68
Bowling $20.49 $14.67
Haircut $23.25 $18.62
Beauty Salon $60.79 $39.05

Detailed Closter Groceries Costs Vs. New Jersey

Item Closter New Jersey
Ground Beef $6.4 $4.22
Fried Chicken $2.65 $1.39
Milk $3.11 $2.05
Potatoes $4.16 $3.29
Pizza $12.33 $10.62
Beer $12.01 $9.38
Toothpaste $4.42 $2.34

Detailed Closter Health Costs Vs. New Jersey

Item Closter New Jersey
Optometrist $108.08 $108.57
Doctor $106.72 $116.17
Dentist $124.43 $99.13

Detailed Closter Transportation Costs Vs. New Jersey

Item Closter New Jersey
Gasoline $2.62 $2.22
Tire Balancing $80.22 $50.07

Detailed Closter Utilities Costs Vs. New Jersey

Item Closter New Jersey
All Electricity $157.7 $167.67
Phone $189.52 $175.64

Closter SnackAbility

10
/10
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
7
Diversity
9.5
Safety
9
Amenities
8.5
Education
9
Commute
3

Cost Of Living In Cities Around Closter

The cost of living varies in the cities and towns around Closter. Here's a quick look at the cost of living in the most populous nearby places:

  • Mamaroneck, NY has a cost of living index of 165, 0.9x Closter.

  • Dumont, NJ has a cost of living index of 143, 0.8x Closter.

  • Port Washington, NY has a cost of living index of 185, 1.0x Closter.

City Population Cost Of Living Vs. Closter
Mamaroneck, NY 19,989 165 0.9x
Dumont, NJ 17,965 143 0.8x
Port Washington, NY 16,807 185 1.0x
Cresskill, NJ 9,096 173 0.9x
Briarcliff Manor, NY 7,587 175 1.0x
Pleasantville, NY 7,469 164 0.9x
Emerson, NJ 7,317 159 0.9x
Tappan, NY 7,153 159 0.9x
Irvington, NY 6,594 171 0.9x
Bronxville, NY 6,569 221 1.2x

Articles About New Jersey

Enjoy The Snack?