Cost of living in West Caldwell
West Caldwell, NJ, is a suburban community known for its family-friendly environment and proximity to New York City. Understanding the cost of living here is crucial for potential residents and those considering relocation.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help 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 $6.6 and $50.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $87.5, with prices ranging from $40 to $200.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10, with a range between $7 and $16.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.5 to $7, imported beer $4.5 to $12, cappuccino $3.5 to $7, and Coke/Pepsi $1.5 to $3.
Grocery Prices
- Milk - Milk is priced between $0.53 and $1.39 per liter, averaging $1.2.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.97 and $2.2, with an average price of $2.16.
- Eggs (Dozen) - A dozen eggs range from $1.72 to $5, averaging $3.26.
- Fruits (e.g., Apples, Oranges) - Apples cost $3.66 to $12.13 per kg, while oranges are priced at $2.84 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced at $2.62 per kg, and lettuce costs $2 to $2.39 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.79 and $1.01 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A Volkswagen Golf costs between $35,000 and $36,373.32, while a Toyota Corolla ranges from $26,407.08 to $28,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1800.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $75 and $219, averaging $75.
- Internet - Internet services range from $60 to $99.99, with an average cost of $69.25.
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.
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"Key Takeaways"
West Caldwell offers a suburban lifestyle with relatively high dining costs, especially for mid-range restaurants.
Grocery prices are moderate, with some variation in fresh produce costs.
Transportation costs are influenced by fuel prices and the cost of purchasing a vehicle.
Housing in the city centre is moderately priced, but utility costs can vary significantly.
Conclusion
In conclusion, West Caldwell, NJ, presents a cost of living that balances suburban charm with proximity to urban amenities.
While dining and transportation can be costly, housing and grocery prices offer some affordability. Potential residents should consider these factors when planning their budget.