Cost of Living in Riverdale, NJ
Population 4,084 · New Jersey · Data vintage 2023
(100 = US avg)
Riverdale sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.3% points to a labor market well on the tight side of the national distribution.
Located 10 miles northwest of Paterson, Riverdale falls within that metro's commuting orbit. Median home values run roughly 15% higher than Paterson's $335,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Riverdale
The median home value in Riverdale is $384,500 — 26% above the national median of $305,000. Median rent runs $2,351/month, 79% higher than the national median of $1,314/month. The median household income of $96,667/year is 30% higher than the US median of $74,580. The local unemployment rate is 1.3%, 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 62.4°F and lows of 43.8°F. Overall, Riverdale has a cost of living index of 147 versus the US average of 100, meaning it is 47% more expensive.
Riverdale 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 | 38 | 41 | 49 | 62 | 72 | 81 | 85 | 84 | 76 | 65 | 53 | 43 |
| Low °F | 23 | 24 | 31 | 41 | 51 | 60 | 66 | 64 | 57 | 45 | 35 | 28 |
| Precip" | 3.04 | 2.55 | 4.07 | 3.71 | 3.39 | 4.27 | 4.33 | 4.49 | 3.72 | 3.97 | 3.30 | 4.04 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Riverdale, NJ?
Riverdale has a cost index of 147 (100 = national average). It is 47% above the national average.
What is average rent in Riverdale, NJ?
The median gross rent in Riverdale is $2,351 per month based on 2023 Census data.
What is the average home price in Riverdale?
The median home value in Riverdale is $384,500 according to Zillow and Census data.
What is the median income in Riverdale?
The median household income in Riverdale is $96,667 per year (2023 ACS 5-year estimates).
What is the sales tax in Riverdale, NJ?
The combined state and local sales tax rate in Riverdale is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Riverdale, NJ affordable?
Riverdale is above average in cost of living, with an index of 147 — about 47% higher than the national average.
What is the weather like in Riverdale?
Riverdale has average high temperatures of 62.4°F and average lows of 43.8°F. Annual precipitation is 44.9". Data from NOAA 1991–2020 Climate Normals.
Riverdale at a Glance
- Population
- 4,084
- Median Income
- $96,667
- Home Value
- $384,500
- Median Rent
- $2,351/mo
- Unemployment
- 1.3%
- Avg High Temp
- 62.4°F
- Sales Tax
- 6.6%
Nearby Cities
Explore county-level cost of living data
New Jersey Rankings
Similar Cost Cities
Cities in other states with comparable housing costs