Cost of Living in Palisades Park, NJ
Overall index: 159 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 202 | +102% | $1,383 |
| Transportation | 104 | +4% | $3.50 |
| Food | 136 | +36% | $558 |
| Utilities | 151 | +51% | $364 |
| Healthcare | 151 | +51% | $263 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Palisades Park?
A single adult living comfortably in Palisades Park, NJ needs approximately $55,650 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Palisades Park, NJ?
The overall cost of living in Palisades Park, NJ is 59% higher than the US national average (index: 159 where 100 = national average).
How much is rent in Palisades Park, NJ?
Average rent for a 1-bedroom apartment in Palisades Park, NJ is about $1,383/month.
Is Palisades Park, NJ expensive to live in?
Yes, Palisades Park, NJ is considered expensive (index above national average).
What salary do I need to live in Palisades Park, NJ?
A single adult needs roughly $55,650/year to cover basic living costs in Palisades Park, NJ.