Hackensack, NJ Cost of Living


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Hackensack cost of living score
141
More expensive
41.0% higher
than the US average
17.7% higher
than the New Jersey average
Hackensack, New Jersey gets a BestPlaces Cost of Living score of 141, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 41.0% higher than the U.S. average and 17.7% lower than the average for New Jersey.

Hackensack, NJ

Housing costs in Hackensack?
A typical home costs $375,400, which is 11.0% more expensive than the national average of $338,100 and 13.1% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Hackensack costs $2,030 per month, which is 42.0% more than the national average of $1,430 and 15.8% more than the state average of $1,710.

Can I afford Hackensack?
To live comfortably in Hackensack, New Jersey, a minimum annual income of $72,000 for a family, and $70,000 for a single person is recommended.

What does A.I. say about Hackensack?
The cost of living in Hackensack, NJ is generally reasonable compared to other parts of the country. The median home price is around $400,000 and rental prices vary depending on the size and location of the apartment or house. Groceries and other household expenses are also relatively low compared to other parts of the US, while transportation costs are moderate. For instance, public transportation in Hackensack is provided by NJ Transit bus and train lines that run throughout the city. Additionally, many residents choose to bring their own cars due to its close proximity to several major highways. All in all, Hackensack is a great place for those who want an affordable lifestyle without sacrificing quality.
   Cost of living score
     CategoriesHackensackNew JerseyUnited States
  141.0119.8100.0
  104.4105.8100
  97.996.9100.0
  130.6136.4100.0
  $375,400$432,100$338,100
  113.8%109.2%100.0%
  144.0127.7100.0
  141.1112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Hackensack
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hello,welcome!  More

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Over 16 years ago

Hackensack has a big city feel but on a smaller scale-there are restaurants, shops to fit every lifestyle and taste. There are some negatives too. High property taxes-  More

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Over 18 years ago

Although becoming a more metro area, I do feel safe even during the late  More

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