Cost of Living in Old Tappan, NJ
Population 5,896 · New Jersey · Data vintage 2023
(100 = US avg)
Old Tappan's housing market reflects its status as a high-earning metro: $911,000 for a typical home, 199% above the US median, paired with household incomes around $199,250 that put it in the upper third of the state. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.
Geographically, Old Tappan sits roughly 8 miles northwest of Yonkers. Median home values run roughly 91% higher than Yonkers' $478,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Old Tappan
The median home value in Old Tappan is $910,600 — 199% above the national median of $305,000. Median rent runs $3,241/month, 147% higher than the national median of $1,314/month. The median household income of $199,250/year is 167% higher than the US median of $74,580. The local unemployment rate is 2.5%, 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, Old Tappan has a cost of living index of 278 versus the US average of 100, meaning it is 178% more expensive.
Old Tappan has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 43 | 51 | 63 | 73 | 82 | 87 | 85 | 78 | 67 | 56 | 45 |
| Low °F | 26 | 27 | 34 | 44 | 53 | 63 | 69 | 67 | 60 | 48 | 38 | 31 |
| Precip" | 3.28 | 2.82 | 4.09 | 3.97 | 3.94 | 4.25 | 4.45 | 4.25 | 4.11 | 3.73 | 3.30 | 4.10 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Old Tappan, NJ?
Old Tappan has a cost index of 278 (100 = national average). It is 178% above the national average.
What is average rent in Old Tappan, NJ?
The median gross rent in Old Tappan is $3,241 per month based on 2023 Census data.
What is the average home price in Old Tappan?
The median home value in Old Tappan is $910,600 according to Zillow and Census data.
What is the median income in Old Tappan?
The median household income in Old Tappan is $199,250 per year (2023 ACS 5-year estimates).
What is the sales tax in Old Tappan, NJ?
The combined state and local sales tax rate in Old Tappan is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Old Tappan, NJ affordable?
Old Tappan is above average in cost of living, with an index of 278 — about 178% higher than the national average.
What is the weather like in Old Tappan?
Old Tappan 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.
Old Tappan at a Glance
- Population
- 5,896
- Median Income
- $199,250
- Home Value
- $910,600
- Median Rent
- $3,241/mo
- Unemployment
- 2.5%
- Avg High Temp
- 64.0°F
- Sales Tax
- 6.6%
Nearby Cities
Explore county-level cost of living data
New Jersey Rankings
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