Cost of Living in Caldwell, NJ

Get 300+ Local Insights for Any Address in Caldwell, NJ

Get Access to 300+ Local Data Points
F
47%
Overall NAT. AVG.
9%
Groceries NAT. AVG.
128%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Caldwell New Jersey National
Cost of living147125100
Groceries109108100
Health care112112100
Housing228157100
Transportation114114100
Utilities110111100
Lifestyle & Entertainment115113100
Household Items108107100
Education & Childcare118120100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Caldwell, NJ

property for sale

226 Westville Ave

West Caldwell, NJ
property for sale

14 Fox Run

Caldwell, NJ
property for sale

82 Arlington Ave

Caldwell, NJ
property for sale

63 Grandview Ave

Caldwell, NJ

Cost Of Living Quick Facts

  • The cost of living in Caldwell is 17% higher than the New Jersey average
  • The cost of living in Caldwell is 47% higher than the national average
  • Caldwell housing is 128% higher than the national average
  • New Jersey general sales tax is 30% higher than the national average
  • New Jersey state income tax is 46% lower than the national average

Most Affordable Places to Live in and Around Caldwell

See all the best places to live around Caldwell

Compare Caldwell, NJ Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Caldwell?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Caldwell?
      Write a review to give others more information about this area.
      See all Caldwell poll results

      The best places in New Jersey

      Here are the best places to live in New JerseyMost Dangerous Cities In The USSafest Cities In The USMost Dangerous States In The US
      Best Places in New Jersey

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$225,726$18,811$5,267$6,772
      Renters$105,446$8,787$2,460$3,164
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Caldwell, NJ, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Caldwell, homeowners have a median income of $225,726. Using that number, a maximum of $5,267 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $105,446, which means there is a maximum of $2,460 to be spent on the costs of renting a home or apartment.

      New Jersey Sales Tax

      State General Sales Tax With Max Surtax
      New Jersey 6.625% 12.625%

      New Jersey Income Tax

      State Income Tax (Low) Income Tax (High)
      New Jersey 1.4% 10.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Victory Gardens, NJ1,6541087.7%
      East Orange, NJ66,65511515.1%
      Roselle, NJ22,32111615.7%
      Silver Lake CDP (Warren County), NJ32611717.3%
      Newark, NJ290,76412019.8%
      Caldwell, NJ8,22214746.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Sutherlin, OR8,2221033.0%
      Dryden, ON8,222n/a 
      Maryville, IL8,2201021.6%
      August, CA8,21811413.7%
      Wyoming, MN8,2261077.5%
      Caldwell, NJ8,22214746.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026