Cost of Living in Clifton, NJ
Housing
The housing market plays a significant role in determining the cost of living in Clifton, NJ.
- Housing Index: 120.0 / 100
- Median Home Price is: $504,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2400 per month
In analyzing the housing market in Clifton, NJ, the current housing index stands at 120.0, indicating that property costs are above the national average. The median home price of 504000 reflects a competitive market. Renting a 2-bedroom apartment averages about 2300, while a house rental is slightly higher at 2400. High rental prices may signal a growing demand in the area. For those considering a move, weigh these costs against local employment opportunities and lifestyle amenities to ensure a well-rounded decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Clifton, NJ.
- Electricity Price: $19.88 USD (median by state)
- Natural Gas Price: $14.01 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Clifton, NJ could entail higher utility costs. Electricity costs sit at $19.88, while natural gas is priced at $14.01 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Clifton is a financially viable option for your relocation.