Cost Of Living in Carlstadt, NJ

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Carlstadt	New Jersey	National
Cost of living	143	121	100
Goods & Services	127	106	100
Groceries	113	102	100
Health care	121	99	100
Housing	199	158	100
Transportation	115	103	100
Utilities	102	107	100

New Real Estate Listings in Carlstadt Area

For Sale For Rent

Search

Search Homes for Sale in Carlstadt, NJ

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Carlstadt is 18% higher than the New Jersey average
The cost of living in Carlstadt is 43% higher than the national average
Carlstadt housing is 99% 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 Carlstadt

See all the best places to live around Carlstadt

Compare Carlstadt, NJ Cost of Living

Write a review to give others more information about this area.

See all Carlstadt poll results

The best places in New Jersey

Here are the best places to live in New Jersey

These are the 10 cheapest cities in New Jersey

These are the largest cities in New Jersey

Check out the 10 safest cities in New Jersey

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$113,615	$9,468	$2,651	$3,409
Renters	$76,250	$6,354	$1,779	$2,288

The affordability of the housing market in Carlstadt, NJ as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Carlstadt homeowners, the median income is $113,615. This indicates that a monthly maximum of $2,651 should be spent by homeowners on all housing related costs. Renters have a median income of $76,250. This indicates that renters would have a maximum of $1,779 for their rent related monthly costs.

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%

Goods & Services

Item	Carlstadt	National avg.	Difference
Haircut	$34.94	$24.26	44.0%
Beauty Salon	$64.07	$45.56	40.6%
Toothpaste	$3.96	$3.70	7.0%
Shampoo	$1.69	$1.28	32.3%
Movie	$13.68	$12.13	12.8%
Bowling	$29.40	$18.00	63.3%

Groceries

Item	Carlstadt	National avg.	Difference
Ground Beef	$5.87	$5.84	0.6%
Fried Chicken	$1.46	$1.57	6.9%
Milk	$4.97	$4.67	6.3%
Potatoes	$5.21	$4.93	5.7%
Pizza	$12.57	$12.09	4.0%
Beer	$11.87	$10.41	14.0%

Health Care

Item	Carlstadt	National avg.	Difference
Optometrist	$128.97	$125.68	2.6%
Doctor	$162.24	$135.78	19.5%
Dentist	$149.64	$113.29	32.1%
Ibuprofen	$11.15	$10.65	4.6%
Lipitor	$402.75	$468.60	14.1%

Housing

Item	Carlstadt	National avg.	Difference
Home Price	$403,200.00	$184,700.00	118.3%
Avg. Mortgage Payment	$6,916.73	$2,346.69	194.7%
Apartment Rent	$1,472.00	$949.00	55.1%

Transportation

Item	Carlstadt	National avg.	Difference
Gasoline	$3.55	$3.46	2.5%
Tire Balancing	$86.43	$59.92	44.2%

Utilities

Item	Carlstadt	National avg.	Difference
All Electricity	$201.27	$193.99	3.8%
Phone	$200.67	$192.25	4.4%

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	Population	Cost of Living Index	National Avg.
Greenville CDP (Greene County), NY	604	106	6.1%
East Orange, NJ	64,650	111	11.1%
Roselle, NJ	21,699	112	12.0%
Silver Lake CDP (Warren County), NJ	320	113	13.2%
Newark, NJ	281,917	114	14.0%
Carlstadt, NJ	6,158	143	42.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Orange City, IA	6,158	92	8.5%
Glenarden, MD	6,158	127	26.5%
Larchmont, NY	6,159	230	129.7%
Hockinson, WA	6,159	147	47.4%
Rhineland, MB	6,159	n/a
Carlstadt, NJ	6,158	143	42.9%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Carlstadt, NJ