Woodcliff Lake, NJ Cost Of Living

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Updated: 2020-03-08
Woodcliff Lake's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Woodcliff Lake is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Woodcliff Lake, NJ?

According to the most recent data on the cost of living, Woodcliff Lake has an overall cost of living index of 186 which is 1.9x higher than the national index of 100.

Compared to only New Jersey, Woodcliff Lake has a cost of living index that's 1.5x higher than New Jersey's index of 123.

The standard of living in Woodcliff Lake ranks as #6251 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Woodcliff Lake ranks as the #156 most expensive place in the Garden State.

Woodcliff Lake Cost Of Living Vs. New Jersey

Living Expense Woodcliff Lake New Jersey National Average
Overall 186 123 100
Services 114 111 100
Groceries 108 110 100
Health 107 102 100
Housing 363 158 100
Transportation 111 110 100
Utilities 105 100 100
For more reading on cost of living around New Jersey, check out:
Woodcliff Lake Cost of Living Vs. NJ

Woodcliff Lake, NJ Housing Cost Breakdown

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.

Median Home Value
Median Rent
Median Income
Statistic Woodcliff Lake New Jersey United States
Median Home Value $790,400 $327,900 $204,900
Median Rent $1,772 $1,295 $1,023
Median Income $167,344 $79,363 $60,293
Home Value To Income 4.7x 4.1x 3.4x
Rent To Monthly Income 0.13x 0.2x 0.2x

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Cost Of Living In Cities Around Woodcliff Lake

City Population Cost Of Living Vs. Woodcliff Lake
Eastchester, NY 19,983 158 0.8x
Mamaroneck, NY 19,213 168 0.9x
Pearl River, NY 16,495 141 0.8x
Westwood, NJ 11,145 143 0.8x
Hillsdale, NJ 10,395 149 0.8x
Waldwick, NJ 9,948 145 0.8x
Park Ridge, NJ 8,804 152 0.8x
Montvale, NJ 8,438 162 0.9x
Upper Saddle River, NJ 8,242 203 1.1x
Briarcliff Manor, NY 7,697 174 0.9x

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