Cost of Living: Kearny, NJ vs Paterson, NJ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Kearny, NJ versus $4,144/mo in Paterson, NJ. In the model, rent is about 24.03% of gross in Kearny, NJ versus 21.22% in Paterson, NJ, so Paterson, NJ tends to feel more affordable for rent.

Take-home in Kearny, NJ
$4,144/mo
Income level: below
Take-home in Paterson, NJ
$4,144/mo
Income level: above
Rent share (1BR) in Kearny, NJ
24.03%
COLI tier: mid-range
Rent share (1BR) in Paterson, NJ
21.22%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Kearny, NJ and Paterson, NJ.

At a glance

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

Cost of Living Index

Kearny, NJ: 100 (U.S. = 100) · Paterson, NJ: 100 (U.S. = 100)

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

Median Rent

Kearny, NJ: $1,567/mo (midpoint of 1BR/2BR) · Paterson, NJ: $1,384/mo

Median rent in Kearny, NJ is $183/mo higher than in Paterson, NJ.

Median Home Price

Kearny, NJ: $431,700 · Paterson, NJ: $335,400

Median home price in Kearny, NJ is $96,300 higher than in Paterson, NJ.

Median Household Income

Kearny, NJ: $83,212 · Paterson, NJ: $53,766

Kearny, NJ has a higher median household income than Paterson, NJ by $29,446.

Kearny, NJ overview · Paterson, NJ overview · Popular comparisons