Cost of living in Hackensack
Hackensack, located in New Jersey, is a vibrant city with a diverse community and a rich history. Understanding the cost of living in Hackensack is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $10 and $35.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $100, with prices ranging from $60 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.5, with a range between $7 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.5 to $10, imported beer $6 to $12, cappuccino $3 to $6, and Coke/Pepsi $1.5 to $3.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.59 per liter, averaging $1.32.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.88 and $4.73, with an average price of $3.92.
- Eggs (Dozen) - A dozen eggs range from $2 to $5, averaging $3.85.
- Fruits (e.g., Apples, Oranges) - Apples cost $2 to $6.59 per kg, while oranges range from $1.65 to $6.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.1 and $4.41 per kg, and lettuce costs $1.25 to $3.5 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $3.5.
- Monthly Pass - A monthly pass for public transport is priced at $60.
- Fuel (Gasoline) - Gasoline is priced between $0.82 and $1.02 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $2.05 per km and $24 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1800.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1500 to $1550, averaging $1525.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $3400.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2700.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $3600.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $3300.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $85 and $300, averaging $164.87.
- Internet - Internet services range from $40 to $75, with an average cost of $50.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Transportation
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Rent Per Month
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Sports And Leisure
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Clothing And Shoes
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Buy Apartment Price
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Hackensack offers a diverse range of dining options, with prices varying significantly between casual and upscale restaurants.
Grocery prices in Hackensack are relatively moderate, with essentials like milk and bread being affordable.
Transportation costs are reasonable, with public transport and fuel prices being manageable for most residents.
Housing in Hackensack can be expensive, especially in the city centre, but options outside the centre offer more affordable alternatives.
Utilities and internet services are reasonably priced, contributing to a balanced cost of living in the city.
Conclusion
In conclusion, Hackensack presents a mixed cost of living scenario, with certain areas like housing being on the higher side, especially in the city centre.
However, the city offers affordable options in dining, groceries, and transportation, making it a viable option for many.
Prospective residents should consider their priorities and budget to determine if Hackensack aligns with their financial expectations.