What Are the Everyday Living Costs in Paterson, NJ in 2024?
The average monthly cost of living in Paterson, NJ is $4,169, which is 8% lower than the U.S. average ($4,521). The average monthly cost of rent is $1,594, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,575 per month.
Paterson, NJ is ranked 232nd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the expensive cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$1,594
Utilities
$464
Transportation
$380
Groceries
$693
Other
$1,038
Total
$4,169
What Are the Everyday Living Costs in Paterson, NJ in 2024?
The average monthly cost of living in Paterson, NJ for singles is $2,771, which is 6% lower than the U.S. average ($2,956). The average monthly cost of rent for singles is $1,054, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,717 per month.
Paterson, NJ is ranked 224th out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the expensive cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$1,054
Utilities
$271
Transportation
$214
Groceries
$323
Other
$909
Total
$2,771
What Are the Everyday Living Costs in Paterson, NJ in 2024?
The average monthly cost of living in Paterson, NJ for couples is $4,178, which is 8% lower than the U.S. average ($4,519). The average monthly cost of rent for couples is $1,602, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,576 per month.
Paterson, NJ is ranked 238th out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the expensive cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$1,602
Utilities
$455
Transportation
$428
Groceries
$646
Other
$1,047
Total
$4,178
What Are the Everyday Living Costs in Paterson, NJ in 2024?
The average monthly cost of living in Paterson, NJ for single parents is $4,030, which is 3% lower than the U.S. average ($4,172). The average monthly cost of rent for single parents is $1,602, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,428 per month.
Paterson, NJ is ranked 225th out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the expensive cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$1,602
Utilities
$446
Transportation
$305
Groceries
$644
Other
$1,034
Total
$4,031
What Are the Everyday Living Costs in Paterson, NJ in 2024?
The average monthly cost of living in Paterson, NJ for families is $5,696, which is 11% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $2,117, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $3,579 per month.
Paterson, NJ is ranked 233rd out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the expensive cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$2,117
Utilities
$683
Transportation
$573
Groceries
$1,159
Other
$1,164
Total
$5,696
What Salary Do You Need to Live Comfortably in Paterson, NJ in 2024?
Overall, on average, a gross annual salary of $67,012 is required for an average quality of life in Paterson, NJ.
Is the Cost of Living High in Paterson, NJ?
Paterson, NJ is ranked 232nd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Paterson, NJ's average monthly rent is 25% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Paterson, NJ in 2024?
A gross annual salary of $50,000 in Paterson, NJ will yield an average annual net salary of $44,582. Considering that the total average annual cost of living in Paterson, NJ is $50,025, a gross annual salary of $50,000 will be insufficient to cover average living costs.
How Much Should You Pay for Rent in Paterson, NJ?
The average monthly rent in Paterson, NJ in the city center is $1,305 for a 1 bedroom apartment, $1,601 for a 2 bedroom apartment and $2,002 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,308 for a 1 bedroom apartment, $1,603 for a 2 bedroom apartment and $1,909 for a 3 bedroom apartment.