Cost of Living: New Haven, CT vs Paterson, NJ
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,108/mo in New Haven, CT versus $4,144/mo in Paterson, NJ. In the model, rent is about 21.02% of gross in New Haven, CT versus 21.22% in Paterson, NJ, so New Haven, CT tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between New Haven, CT and Paterson, NJ.
At a glance
- Cheaper overall (lower cost-of-living index): Paterson, NJ
- Lower rent (median 1BR/2BR): New Haven, CT
- Lower home prices: New Haven, CT
- Higher median household income: New Haven, CT
Cost of Living Index
New Haven, CT: 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
New Haven, CT: $1,370/mo (midpoint of 1BR/2BR) · Paterson, NJ: $1,384/mo
Median rent in Paterson, NJ is $14/mo higher than in New Haven, CT.
Median Home Price
New Haven, CT: $249,000 · Paterson, NJ: $335,400
Median home price in Paterson, NJ is $86,400 higher than in New Haven, CT.
Median Household Income
New Haven, CT: $53,771 · Paterson, NJ: $53,766
New Haven, CT has a higher median household income than Paterson, NJ by $5.
New Haven, CT overview · Paterson, NJ overview · Popular comparisons