Ho-Ho-Kus, NJ vs River Edge, NJ

The cost of living difference between Ho-Ho-Kus, NJ and River Edge, NJ is dramatic. River Edge is 33.8% cheaper than Ho-Ho-Kus, a gap that translates to thousands of dollars per year in household expenses. Ho-Ho-Kus has a cost index of 196 while River Edge sits at 147, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Ho-Ho-Kus is $2,375/month compared to $1,811/month in River Edge — a 31% difference. Home values follow the same pattern: River Edge is more affordable at $637,500 median vs $1,032,800.

Median household income in Ho-Ho-Kus is $250,001 compared to $155,827 in River Edge (+60.4%). While Ho-Ho-Kus is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ho-Ho-Kus spend roughly 11.4% of their income on rent, less than the 13.9% in River Edge.