Cresskill, NJ Cost Of Living

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

Cost Of Living In Cresskill, NJ Summary

Cost of living in Cresskill 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 Cresskill 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 Cresskill is 173, with 100 being the average.

  • The cost of living index in Cresskill is 1.7x higher than the national average.

  • Cresskill ranks as the #232 cheapest in New Jersey out of 251.

  • Cresskill ranks as the #6,161 cheapest out of 6,412 in the US.

  • The median home value in Cresskill is $676,400.

  • The median income in Cresskill is $155,515.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
173
Cresskill's Overall Cost Of Living
1.7x
Higher Than The National Average

What is the cost of living in Cresskill, NJ?

According to the most recent data on the cost of living, Cresskill has an overall cost of living index of 173, which is 1.7x higher than the national index of 100.

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

The standard of living in Cresskill ranks as #232 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Cresskill ranks as the #19 most expensive place in the Garden State.

For more reading on life in Cresskill, check out:

232 out of 251
In New Jersey
6,161 out of 6,412
In America

Cresskill Cost Of Living Vs. New Jersey

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

  • The Services index in Cresskill is 133.

  • The Groceries index in Cresskill is 147.

  • The Health index in Cresskill is 111.

  • The Housing index in Cresskill is 271.

  • The Transportation index in Cresskill is 132.

  • The Utilities index in Cresskill is 98.

Living Expense Cresskill New Jersey National Average
Overall 173 111 100
Services 133 104 100
Groceries 147 104 100
Health 111 95 100
Housing 271 130 100
Transportation 132 106 100
Utilities 98 108 100
For more reading on cost of living around New Jersey, check out:
Cresskill Cost of Living Vs. NJ

Cresskill, 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 Cresskill is $676,400.

  • The Median Rent in Cresskill is $2,194.

  • The Median Income in Cresskill is $155,515.

  • The Home Value To Income in Cresskill is 4.3x.

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

Statistic Cresskill New Jersey United States
Median Home Value $676,400 $355,700 $244,900
Median Rent $2,194 $1,436 $1,163
Median Income $155,515 $89,703 $69,021
Home Value To Income 4.3x 4.0x 3.5x
Rent To Monthly Income 0.17x 0.19x 0.2x
Search Homes For Sale In Cresskill, NJ
$676,400
Median Home Value
$2,194
Median Rent
$155,515
Median Income

Cresskill, NJ Costs By Category

Detailed Cresskill Services Costs Vs. New Jersey

Item Cresskill 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 Cresskill Groceries Costs Vs. New Jersey

Item Cresskill 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 Cresskill Health Costs Vs. New Jersey

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

Detailed Cresskill Transportation Costs Vs. New Jersey

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

Detailed Cresskill Utilities Costs Vs. New Jersey

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

Cresskill SnackAbility

10
/10
Overall SnackAbility
Jobs
8.5/10
Housing
10
Affordability
5
Diversity
8.5
Safety
9
Amenities
9
Education
9
Commute
3

Cost Of Living In Cities Around Cresskill

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

  • Englewood, NJ has a cost of living index of 147, 0.8x Cresskill.

  • Bergenfield, NJ has a cost of living index of 141, 0.8x Cresskill.

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

City Population Cost Of Living Vs. Cresskill
Englewood, NJ 29,129 147 0.8x
Bergenfield, NJ 28,282 141 0.8x
Dumont, NJ 17,965 143 0.8x
New Milford, NJ 16,912 147 0.8x
Port Washington, NY 16,807 185 1.1x
Tenafly, NJ 15,307 190 1.1x
North New Hyde Park, NY 15,125 170 1.0x
Closter, NJ 8,573 183 1.1x
Briarcliff Manor, NY 7,587 175 1.0x
Pleasantville, NY 7,469 164 0.9x

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