Hawthorne 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.
IndexHawthorneNew JerseyNational
Cost of living index134131100
IndexHawthorneNew JerseyNational
Goods & Services index115118100
Groceries index106116100
Health care index107111100
Housing index191166100
Transportation index111118100
Utilities index98110100
The above illustration supplies generalized information for the Hawthorne, NJ cost of living index. Compared to other cities in New Jersey and cities across the country, the cost of living index in Hawthorne, NJ is 134, which is 2% higher than the New Jersey average and 34% 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 Hawthorne, 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 Hawthorne is 2% higher than the New Jersey average.
  • The cost of living in Hawthorne is 34% higher than the national average.
  • The cost of housing in Hawthorne is 91% 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.

Find Real Estate Listings In Hawthorne

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Hawthorne

Compare Hawthorne, NJ Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Hawthorne, NJ to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Hawthorne, NJ, you have to earn a higher income in order to still have the same standard of living. To operate the Hawthorne, NJ salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$106,063$8,839$2,475$3,182
Renters$50,029$4,169$1,167$1,501
One can approximate the cost of living and the housing affordability in Hawthorne, NJ by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Hawthorne, NJ have a median income of $106,063. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,475 per month to avoid calamity and poverty. The renters in the city have an income of about $50,029, which would make their monthly maximum allowable rental costs $1,167.

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%
When assessing the complete cost of living in Hawthorne, NJ, the New Jersey income tax and the New Jersey sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New Jersey maximum surtax is 7%, and the New Jersey sales tax is 7%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1.4% to 8.97% in New Jersey.

Goods & Services

ItemHawthorneNational 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

ItemHawthorneNational 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

ItemHawthorneNational 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

ItemHawthorneNational avg.Difference
Home Price $365,000.00$175,700.00107.7%
Avg. Mortgage Payment $1,790.20$1,081.0365.6%
Apartment Rent $1,404.00$920.0052.6%

Transportation

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

Utilities

ItemHawthorneNational 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%
Silver Lake, NJ3,59412323%
Paterson, NJ146,34111919%
Haledon, NJ8,39712121%
Spring Valley, NY32,00712929%
Hawthorne, NJ18,94413434%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Snellville, GA18,9391000%
Forest Lake, MN18,93311010%
Payson, UT18,92899-1%
Sylvania, OH18,92397-3%
Eustis, FL18,92092-8%
Hawthorne, NJ18,94413434%
Source: The Hawthorne, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.