Cedar Grove, NJ Cost of Living


3 Reviews



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How much do I need to live in Cedar Grove, New Jersey?
$8,910 / month
for a family, 65.0% more expensive than the national average A total of $106,920 for the year for a family.
$5,433 / month
for a single person, 14.0% more expensive than the national average A total of $65,200 for the year for a single person.

Cedar Grove cost of living score
135
More expensive
35.0% higher
than the US average
12.7% higher
than the New Jersey average
Cedar Grove, New Jersey gets a BestPlaces Cost of Living score of 135, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 35.0% higher than the U.S. average and 12.7% lower than the average for New Jersey.

Cedar Grove, NJ

Housing costs in Cedar Grove?
A typical home costs $558,400, which is 65.2% more expensive than the national average of $338,100 and 29.2% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Cedar Grove costs $1,960 per month, which is 37.1% more than the national average of $1,430 and 12.8% more than the state average of $1,710.

Can I afford Cedar Grove?
To live comfortably in Cedar Grove, New Jersey, a minimum annual income of $106,920 for a family, and $65,200 for a single person is recommended.

What does A.I. say about Cedar Grove?
The cost of living in Cedar Grove, NJ is above the national average. It is one of the more expensive places to live in the state and in the region. The median home price is around $450,000 and rent prices can range from $1,800 for a two-bedroom to over $2,500 for a three-bedroom apartment on average. There are also plenty of shops and restaurants that line the streets which makes it a great place to live even if it can be costly.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCedar GroveNew JerseyUnited States
  135.0119.8100.0
  107.4105.8100
  99.196.9100.0
  192.7136.4100.0
  $558,400$432,100$338,100
  113.8109.2100
  138.2127.7100.0
  109.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Cedar Grove
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Trails and a lovely park. Close to major employment centers NYC, Hoboken, Jersey City, Morristown but few employment opportunities in township. It is also attracting  More

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Cedar Grove is well located in the NYC metro area. However increasing drug activity especially in the Mountain Ridge Drive area, meth house hub. There is room to turn  More

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Over 15 years ago

The Mayor and Council of Cedar Grove, NJ seem to be unaware that they were voted into office by their constitutents, not by Joe Divicenzo, County Executive. Although it  More

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