Clifton cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexCliftonNew JerseyNational
Cost of living index130131100
IndexCliftonNew JerseyNational
Goods & Services index115118100
Groceries index106116100
Health care index107111100
Housing index176166100
Transportation index111118100
Utilities index98110100
The above illustration supplies generalized information for the Clifton, NJ cost of living index. Compared to other cities in New Jersey and cities across the country, the cost of living index in Clifton, NJ is 130, which is 1% lower than the New Jersey average and 30% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Clifton, NJ are 3% lower than the average for New Jersey and 15% higher than the rest of the country.

Did you know?

  • The cost of living in Clifton is 1% lower than the New Jersey average.
  • The cost of living in Clifton is 30% higher than the national average.
  • The cost of housing in Clifton is 76% higher than the national average.
  • New Jersey general sales tax is 37% higher than the national average.
  • New Jersey state income tax is 37% lower than the national average.

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Compare Clifton, NJ Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Clifton, NJ to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Clifton, NJ, then you would need to earn more income in order to maintain the same standard of living. To use the Clifton, NJ salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$87,224$7,269$2,035$2,617
Renters$44,899$3,742$1,048$1,347
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Clifton, NJ, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Clifton, NJ has a median income of about $87,224 for people who own homes. Based on that number, a person should spend a maximum of $2,035 on expenses related to housing. Renters have a slightly different median income, which is $44,899. Based on this average, renters should spend no more than $1,048 on all of their rental costs if they want to maintain a non-impoverished standard of living.

New Jersey Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Jersey7%7%

New Jersey Income Tax

StateIncome Tax (Low)Income Tax (High)
New Jersey1.4%8.97%
The New Jersey sales tax and New Jersey income tax rates should definitely be considered when determining the overall cost of living in Clifton, NJ. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The New Jersey sales tax is 7% and the maximum surtax is 7%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The New Jersey income tax rates range from 1.4% to 8.97%.

Goods & Services

ItemCliftonNational avg.Difference
Haircut $19.00$14.5930.2%
Beauty Salon $33.75$34.682.7%
Toothpaste $2.29$2.477.4%
Shampoo $1.00$1.022.2%
Movie $11.70$9.8718.6%
Bowling $4.55$4.393.6%

Groceries

ItemCliftonNational avg.Difference
Ground Beef $4.39$4.481.9%
Fried Chicken $1.99$1.4635.9%
Milk $2.77$2.3617.5%
Potatoes $3.39$3.0610.7%
Pizza $8.00$9.2413.4%
Beer $9.19$8.636.5%

Health Care

ItemCliftonNational avg.Difference
Optometrist $91.25$99.788.5%
Doctor $90.00$105.0314.3%
Dentist $107.25$88.7020.9%
Ibuprofen $9.49$9.410.8%
Lipitor $341.01$298.5014.2%

Housing

ItemCliftonNational avg.Difference
Home Price $338,800.00$175,700.0092.8%
Avg. Mortgage Payment $1,790.20$1,081.0365.6%
Apartment Rent $1,261.00$920.0037.1%

Transportation

ItemCliftonNational avg.Difference
Gasoline $2.17$2.093.7%
Tire Balancing $59.16$45.2930.6%

Utilities

ItemCliftonNational avg.Difference
All Electricity$159.41$170.806.7%
Phone $29.75$28.265.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
East Orange, NJ64,53811313%
Newark, NJ278,75011414%
Roselle, NJ21,34811414%
Silver Lake, NJ3,59412323%
Paterson, NJ146,34111919%
Clifton, NJ85,13813030%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bloomington, MN85,1361099%
Edmond, OK85,084100-0%
Suffolk, VA85,4771088%
Alafaya, FL85,5611044%
Citrus Heights, CA84,67811212%
Clifton, NJ85,13813030%
Source: The Clifton, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.