Clifton, NJ vs Hackensack, NJ
Clifton, NJ and Hackensack, NJ have a very similar cost of living, with only a 1.6% difference in their overall index. Clifton scores 126 while Hackensack scores 124 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Clifton is $1,658/month compared to $1,794/month in Hackensack — a 8% difference. Interestingly, home values tell a different story: while Clifton has cheaper rent, Hackensack actually has lower median home values ($370,300 vs $444,300).
Median household income in Clifton is $99,003 compared to $82,212 in Hackensack (+20.4%). While Clifton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clifton spend roughly 20.1% of their income on rent, less than the 26.2% in Hackensack.
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