Cost of Living: Paterson, 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 Paterson, NJ versus $4,144/mo in West New York, NJ. In the model, rent is about 21.22% of gross in Paterson, NJ versus 23.42% in West New York, NJ, so Paterson, NJ tends to feel more affordable for rent.

Take-home in Paterson, NJ
$4,144/mo
Income level: above
Take-home in West New York, NJ
$4,144/mo
Income level: near
Rent share (1BR) in Paterson, NJ
21.22%
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 Paterson, 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): Paterson, NJ
  • Lower home prices: Paterson, NJ
  • Higher median household income: West New York, NJ

Cost of Living Index

Paterson, 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

Paterson, NJ: $1,384/mo (midpoint of 1BR/2BR) · West New York, NJ: $1,527/mo

Median rent in West New York, NJ is $143/mo higher than in Paterson, NJ.

Median Home Price

Paterson, NJ: $335,400 · West New York, NJ: $410,200

Median home price in West New York, NJ is $74,800 higher than in Paterson, NJ.

Median Household Income

Paterson, NJ: $53,766 · West New York, NJ: $67,139

West New York, NJ has a higher median household income than Paterson, NJ by $13,373.

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