Cost of Living in Saddle River, NJ

Population 3,358 · New Jersey · Data vintage 2023

445
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $2 million, the typical home in Saddle River costs about 7× the national median, a premium characteristic of resort and luxury markets rather than primary-residence metros. Unemployment has stayed elevated relative to the national figure — 9.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Saddle River sits roughly 8 miles northeast of Paterson — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 496% higher than Paterson's $335,000.

Cost Overview

Housing 656
Rent 130

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

About the Cost of Living in Saddle River

The median home value in Saddle River is $2,000,001 — 556% above the national median of $305,000. Median rent runs $1,709/month, 30% higher than the national median of $1,314/month. The median household income of $236,985/year is 218% higher than the US median of $74,580. The local unemployment rate is 9.6%, above 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, Saddle River has a cost of living index of 445 versus the US average of 100, meaning it is 345% more expensive.

🏠 Housing

Median Home Value
$2,000,001
556% above avg
Zillow Home Value
$447,757
Zillow ZHVI
Median Rent
$1,709/mo
30% above avg
Price-to-Rent Ratio
97.5x
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 85.6%
Renter-occupied 14.4%

💰 Estimated Monthly Budget

Rent median rent
$1,709
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,323/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
28.3 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
24.6%

Commute Mode

Drove alone
71.5%
Carpooled
1.7%
Public transit
1.6%
Walked
0.6%
Work from home
24.6%

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
$236,985
218% above avg
Per Capita Income
$156,614
Unemployment Rate
9.6%
99% above avg
Poverty Rate
4.8%
Labor Force Participation
61.9%

🎓 Education

Bachelor's degree+ 36.0%
Graduate degree 40.3%

👥 Demographics

Median Age 52.1
Male median age 56.1
Female median age 48.9

🌤 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 Saddle River, NJ?

Saddle River has a cost index of 445 (100 = national average). It is 345% above the national average.

What is average rent in Saddle River, NJ?

The median gross rent in Saddle River is $1,709 per month based on 2023 Census data.

What is the average home price in Saddle River?

The median home value in Saddle River is $2,000,001 according to Zillow and Census data.

What is the median income in Saddle River?

The median household income in Saddle River is $236,985 per year (2023 ACS 5-year estimates).

What is the sales tax in Saddle River, NJ?

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

Is Saddle River, NJ affordable?

Saddle River is above average in cost of living, with an index of 445 — about 345% higher than the national average.

What is the weather like in Saddle River?

Saddle River 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.

Saddle River at a Glance

Population
3,358
Median Income
$236,985
Home Value
$2,000,001
Median Rent
$1,709/mo
Unemployment
9.6%
Avg High Temp
64.0°F
Sales Tax
6.6%
View all cities in New Jersey →
🗺️ County data for New Jersey

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs