Cost of Living: Hoboken, NJ vs West New York, NJ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Hoboken, NJ versus $4,144/mo in West New York, NJ. In the model, rent is about 41.07% of gross in Hoboken, NJ versus 23.42% in West New York, NJ, so West New York, NJ tends to feel more affordable for rent.

Take-home in Hoboken, NJ
$4,144/mo
Income level: below
Take-home in West New York, NJ
$4,144/mo
Income level: near
Rent share (1BR) in Hoboken, NJ
41.07%
COLI tier: mid-range
Rent share (1BR) in West New York, NJ
23.42%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Hoboken, NJ and West New York, NJ.

At a glance

  • Cheaper overall (lower cost-of-living index): West New York, NJ
  • Lower rent (median 1BR/2BR): West New York, NJ
  • Lower home prices: West New York, NJ
  • Higher median household income: Hoboken, NJ

Cost of Living Index

Hoboken, NJ: 100 (U.S. = 100) · West New York, NJ: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Hoboken, NJ: $2,678/mo (midpoint of 1BR/2BR) · West New York, NJ: $1,527/mo

Median rent in Hoboken, NJ is $1,151/mo higher than in West New York, NJ.

Median Home Price

Hoboken, NJ: $872,100 · West New York, NJ: $410,200

Median home price in Hoboken, NJ is $461,900 higher than in West New York, NJ.

Median Household Income

Hoboken, NJ: $176,943 · West New York, NJ: $67,139

Hoboken, NJ has a higher median household income than West New York, NJ by $109,804.

Hoboken, NJ overview · West New York, NJ overview · Popular comparisons