| Index | Haddonfield | New Jersey | National |
| Cost of living | 151 | 125 | 100 |
| Groceries | 108 | 108 | 100 |
| Health care | 112 | 112 | 100 |
| Housing | 245 | 157 | 100 |
| Transportation | 111 | 114 | 100 |
| Utilities | 110 | 111 | 100 |
| Lifestyle & Entertainment | 113 | 113 | 100 |
| Household Items | 109 | 107 | 100 |
| Education & Childcare | 115 | 120 | 100 |
Getting a feel for the cost of living in Haddonfield is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Haddonfield is 151, which is 51% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in Haddonfield is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, Haddonfield falls into this category, which may not align with your goal of finding a budget-friendly living environment.
When it comes to the cost of living in Haddonfield, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 145% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.
Is Haddonfield affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Haddonfield, the median home price is 190.7% higher than the national average and monthly rent prices are 38.4% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Haddonfield boasting a median household income of $229,576, 182.3% higher than the national average.
Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Haddonfield, the general sales tax rate starts at 6.625%, and income tax rates begin at 1.4%.
Transportation: If public transportation is limited or not available, residents may need to own and maintain vehicles, which can add to the cost of living. Gas, insurance, regular maintenance and potentially lease or finance payments will all need to be paid on a monthly basis. In Haddonfield, the transportation index is 11% higher than the national average.
The cost of living estimates displayed for Haddonfield are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $264,472 | $22,039 | $6,171 | $7,935 |
| Renters | $90,295 | $7,525 | $2,107 | $2,709 |
| State | General Sales Tax | With Max Surtax |
| New Jersey | 6.625% | 12.625% |
| State | Income Tax (Low) | Income Tax (High) |
| New Jersey | 1.4% | 10.75% |
| City | Population | Cost of Living Index | National Avg. |
| Pine Valley, NJ | 11 | 111 | 10.6% |
| Tavistock, NJ | 5 | 111 | 10.6% |
| Arcadia University, PA | 609 | 100 | 0.1% |
| Prospect Park CDP, PA | 233 | 79 | 21.0% |
| Audubon Park, NJ | 1,003 | 92 | 7.9% |
| Haddonfield, NJ | 11,585 | 151 | 51.0% |
| City | Population | Cost of Living Index | National Avg. |
| Merriam, KS | 11,587 | 98 | 2.1% |
| North Saanich, BC | 11,587 | n/a | |
| Berkley, CO | 11,591 | 124 | 24.3% |
| L'Île-Perrot, QC | 11,591 | n/a | |
| Nelson, BC | 11,592 | n/a | |
| Haddonfield, NJ | 11,585 | 151 | 51.0% |
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