Cost Of Living in Teterboro, NJ

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F

28%

Overall NAT. AVG.

6%

Groceries NAT. AVG.

68%

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	Teterboro	New Jersey	National
Cost of living	128	125	100
Groceries	106	108	100
Health care	112	112	100
Housing	168	157	100
Transportation	112	114	100
Utilities	113	111	100
Lifestyle & Entertainment	110	113	100
Household Items	104	107	100
Education & Childcare	121	120	100

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Cost Of Living Quick Facts

The cost of living in Teterboro is 2% higher than the New Jersey average
The cost of living in Teterboro is 28% higher than the national average
Teterboro housing is 68% 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

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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	$0	$0	$0	$0
Renters	$0	$0	$0	$0

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.
Greenville CDP (Greene County), NY	616	106	6.1%
East Orange, NJ	66,655	115	15.1%
Roselle, NJ	22,321	116	15.7%
Silver Lake CDP (Warren County), NJ	326	117	17.3%
Newark, NJ	290,764	120	19.8%
Teterboro, NJ	114	128	27.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Myrtlewood, AL	114	76	24.0%
Standing Rock, AL	114	100	0.1%
Sumatra, FL	114	103	3.5%
Talking Rock, GA	114	99	0.7%
Brayton, IA	114	78	21.5%
Teterboro, NJ	114	128	27.9%