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Hackensack, NJ vs South River, NJ

124
Hackensack
New Jersey
VS
+4.1%
119
South River
New Jersey

Hackensack, NJ and South River, NJ have a very similar cost of living, with only a 4.1% difference in their overall index. Hackensack scores 124 while South River scores 119 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 Hackensack is $1,794/month compared to $1,599/month in South River — a 12% difference. Interestingly, home values tell a different story: while South River has cheaper rent, Hackensack actually has lower median home values ($370,300 vs $382,500).

Median household income in Hackensack is $82,212 compared to $101,853 in South River (-19.3%). South River offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hackensack spend roughly 26.2% of their income on rent, more than the 18.8% in South River.

Income & Cost

Cost of Living Index
Hackensack
124
South River
119
4% cheaper
Median Household Income
Hackensack
$82,212
South River
$101,853
19% higher

Housing

Median Rent
Hackensack
$1,794
South River
$1,599
11% cheaper
Median Home Value
Hackensack
$370,300
3% cheaper
South River
$382,500
Population
Hackensack
45,768
South River
16,007

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hackensack $3.32
South River $3.32
US $3.07
🥚
Eggs (grade A, large)
Hackensack $2.71
South River $2.71
US $2.50
🥛
Milk (whole)
Hackensack $4.36
South River $4.36
US $4.03
🍞
Bread (white)
Hackensack $2.00
South River $2.00
US $1.85
🍗
Chicken breast
Hackensack $4.49
South River $4.49
US $4.14
Electricity
Hackensack $0.24
South River $0.24
US $0.19