Cost of Living in Paramus, NJ
Overall index: 174 (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 | 211 | +111% | $1,992 |
| Transportation | 109 | +9% | $3.50 |
| Food | 187 | +87% | $767 |
| Utilities | 156 | +56% | $380 |
| Healthcare | 156 | +56% | $274 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Paramus?
A single adult living comfortably in Paramus, NJ needs approximately $60,900 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Paramus, NJ?
The overall cost of living in Paramus, NJ is 74% higher than the US national average (index: 174 where 100 = national average).
How much is rent in Paramus, NJ?
Average rent for a 1-bedroom apartment in Paramus, NJ is about $1,992/month.
Is Paramus, NJ expensive to live in?
Yes, Paramus, NJ is considered expensive (index above national average).
What salary do I need to live in Paramus, NJ?
A single adult needs roughly $60,900/year to cover basic living costs in Paramus, NJ.