Cost of Living in Closter, NJ

Population 8,544 · New Jersey · Data vintage 2023

242
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Closter sits 169% above the national median — $820,000 for the typical home — but median household incomes near $187,500 (151% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Geographically, Closter sits roughly 5 miles west of Yonkers. Median home values run roughly 72% higher than Yonkers' $478,000.

Cost Overview

Housing 269
Rent 202

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Closter

The median home value in Closter is $820,100 — 169% above the national median of $305,000. Median rent runs $2,651/month, 102% higher than the national median of $1,314/month. The median household income of $187,500/year is 151% higher than the US median of $74,580. The local unemployment rate is 4.4%, below the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 64.0°F and lows of 46.7°F. Overall, Closter has a cost of living index of 242 versus the US average of 100, meaning it is 142% more expensive.

🏠 Housing

Median Home Value
$820,100
169% above avg
Zillow Home Value
$330,280
Zillow ZHVI
Median Rent
$2,651/mo
102% above avg
Price-to-Rent Ratio
25.8x
Favors renting
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 82.0%
Renter-occupied 18.0%

💰 Estimated Monthly Budget

Rent median rent
$2,651
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,265/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
36.8 min
36% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.2%

Commute Mode

Drove alone
58.2%
Carpooled
7.9%
Public transit
8.1%
Walked
3.1%
Work from home
21.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$187,500
151% above avg
Per Capita Income
$74,100
Unemployment Rate
4.4%
8% below avg
Poverty Rate
7.2%
Labor Force Participation
70.7%

🎓 Education

Bachelor's degree+ 36.2%
Graduate degree 30.0%

👥 Demographics

Median Age 40.3
Male median age 35.5
Female median age 43

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.0°F
Avg Low
46.7°F
Annual Precip
46.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637382878578675645
Low °F 262734445363696760483831
Precip" 3.282.824.093.973.944.254.454.254.113.733.304.10

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
55.9%
Good air days/yr
197
Max AQI recorded
245
PM2.5 days
91
Ozone days

Frequently Asked Questions

What is the cost of living in Closter, NJ?

Closter has a cost index of 242 (100 = national average). It is 142% above the national average.

What is average rent in Closter, NJ?

The median gross rent in Closter is $2,651 per month based on 2023 Census data.

What is the average home price in Closter?

The median home value in Closter is $820,100 according to Zillow and Census data.

What is the median income in Closter?

The median household income in Closter is $187,500 per year (2023 ACS 5-year estimates).

What is the sales tax in Closter, NJ?

The combined state and local sales tax rate in Closter is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Closter, NJ affordable?

Closter is above average in cost of living, with an index of 242 — about 142% higher than the national average.

What is the weather like in Closter?

Closter has average high temperatures of 64.0°F and average lows of 46.7°F. Annual precipitation is 46.3". Data from NOAA 1991–2020 Climate Normals.

Closter at a Glance

Population
8,544
Median Income
$187,500
Home Value
$820,100
Median Rent
$2,651/mo
Unemployment
4.4%
Avg High Temp
64.0°F
Sales Tax
6.6%
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🗺️ County data for New Jersey

Explore county-level cost of living data

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