Cost of Living In Paterson, New Jersey - Is Paterson Cheap Place To Live?

How expensive is it to live in Paterson, New Jersey?
Is it very expensive to live in Paterson, New Jersey? How much money do you need to live comfortably in Paterson? Let's find out. The cost of living index is based on a national average of 100. An amount below 100 means Paterson, New Jersey is cheaper than the US average. A cost of living index above 100 means Paterson, New Jersey is more expensive. Paterson, New Jersey cost of living is 116. Which is 16% higher than US average.
Median Home Cost
$257700
12% NAT AVG.
Median Income
$45141
33% NAT AVG.
Median Rent
$1213
5% NAT AVG.
Cost Of Living
116
16% NAT AVG.
Cost of Living
Expense Paterson New Jersey National Avg.
Services 113 107 100
Groceries 108 107 100
Health 99 100 100
Housing 125 160 100
Transportation 109 106 100
Utilities 104 98 100
Cost of Living
Cost of Living Calculator

You can enter an amount and the Cost of Living Calculator will determine how much more (or less) you would need to maintain the same standard of living if you are relocating to another city. It takes into consideration current prices in your current city and the city you are considering for relocation. If you enter how much you need for living in the current city, you'll get an approximate information how much you will need in another city. This tool allows comparison for over 5000 cities in USA.