Cost of Living in Northvale, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

196.7

100 = national avg

+96.7 vs national average

Living Wage (1 Adult)

$86,533

per year

Living Wage (Family of 4)

$204,532

per year

Cost Index by Category

Housing
265.1
Food
140.0
Transportation
179.9
Healthcare
132.0
Utilities
157.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,024

per month

2 Bedroom

$2,324

per month

The overall cost of living index in Northvale is 196.7, which is 96.7% above the national average. Housing costs are above the national average at an index of 265.1. A single adult needs to earn approximately $86,533 per year to cover basic expenses.