Cost of Living Comparison Between New York, NY and Hoboken, NJ 

Indices DifferenceInfo
Consumer Prices in Hoboken, NJ are 18.31% lower than in New York, NY (without rent)
Rent Prices in Hoboken, NJ are 17.54% lower than in New York, NY
Restaurant Prices in Hoboken, NJ are 28.01% lower than in New York, NY
Groceries Prices in Hoboken, NJ are 23.76% lower than in New York, NY
Local Purchasing Power in Hoboken, NJ is 9.13% lower than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY[ Edit ] Hoboken, NJ[ Edit ]Difference
Meal, Inexpensive Restaurant 21.00 $ 12.00 $      -42.86 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 75.00 $      -25.00 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.50 $ 10.13 $      +6.63 %
Domestic Beer (1 pint draught) 7.10 $ 7.00 $      -1.41 %
Imported Beer (12 oz small bottle) 8.73 $ 8.00 $      -8.31 %
Cappuccino (regular) 4.81 $ 3.40 $      -29.30 %
Coke/Pepsi (12 oz small bottle) 2.20 $ 2.00 $      -8.90 %
Water (12 oz small bottle) 1.74 $ 1.25 $      -28.14 %
Markets
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
Milk (regular), (1 gallon) 4.50 $ 3.25 $      -27.77 %
Loaf of Fresh White Bread (1 lb) 3.40 $ 4.50 $      +32.52 %
Rice (white), (1 lb) 2.64 $ 1.36 $      -48.37 %
Eggs (regular) (12) 3.39 $ 2.00 $      -41.03 %
Local Cheese (1 lb) 6.58 $ 5.00 $      -24.01 %
Chicken Fillets (1 lb) 6.16 $ 4.00 $      -35.07 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.38 $ 5.00 $      -32.29 %
Apples (1 lb) 2.83 $ 3.66 $      +29.56 %
Banana (1 lb) 1.30 $ 0.85 $      -34.80 %
Oranges (1 lb) 2.37 $ 2.00 $      -15.61 %
Tomato (1 lb) 2.65 $ 1.50 $      -43.43 %
Potato (1 lb) 1.88 $ 0.75 $      -60.01 %
Onion (1 lb) 1.75 $ 1.65 $      -5.75 %
Lettuce (1 head) 2.16 $ 1.50 $      -30.59 %
Water (1.5 liter bottle) 2.09 $ 1.00 $      -52.16 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.00 %
Domestic Beer (0.5 liter bottle) 3.29 $ 1.97 $      -40.02 %
Imported Beer (12 oz small bottle) 3.01 $ 3.00 $      -0.43 %
Cigarettes 20 Pack (Marlboro) 15.00 $ 9.00 $      -40.00 %
Transportation
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
One-way Ticket (Local Transport) 2.75 $ 2.75 $      0.00 %
Monthly Pass (Regular Price) 127.00 $ 90.00 $      -29.13 %
Taxi Start (Normal Tariff) 3.50 $ 5.00 $      +42.86 %
Taxi 1 mile (Normal Tariff) 3.00 $ 5.00 $      +66.67 %
Taxi 1hour Waiting (Normal Tariff) 35.00 $ 20.00 $      -42.86 %
Gasoline (1 gallon) 2.74 $ 2.44 $      -10.77 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,000.00 $ 22,000.00 $      0.00 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,205.73 $ 20,663.00 $      -2.56 %
Utilities (Monthly)
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 146.26 $ 129.38 $      -11.54 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 $ 0.12 $      +9.09 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 64.35 $ 73.75 $      +14.60 %
Sports And Leisure
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
Fitness Club, Monthly Fee for 1 Adult 86.44 $ 95.00 $      +9.90 %
Tennis Court Rent (1 Hour on Weekend) 35.14 $ 30.00 $      -14.63 %
Cinema, International Release, 1 Seat 16.00 $ 13.50 $      -15.62 %
Childcare
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,479.17 $ 2,250.00 $      -9.24 %
International Primary School, Yearly for 1 Child 39,681.82 $ 11,400.00 $      -71.27 %
Clothing And Shoes
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 58.08 $ 79.83 $      +37.45 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.38 $ 48.33 $      +14.05 %
1 Pair of Nike Running Shoes (Mid-Range) 90.13 $ 75.00 $      -16.78 %
1 Pair of Men Leather Business Shoes 143.41 $ 187.50 $      +30.74 %
Rent Per Month
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
Apartment (1 bedroom) in City Centre 3,452.16 $ 2,983.33 $      -13.58 %
Apartment (1 bedroom) Outside of Centre 2,023.00 $ 2,200.00 $      +8.75 %
Apartment (3 bedrooms) in City Centre 6,767.89 $ 4,350.00 $      -35.73 %
Apartment (3 bedrooms) Outside of Centre 3,562.89 $ 3,500.00 $      -1.77 %
Buy Apartment Price
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,494.66 $ 725.66 $      -51.45 %
Price per Square Feet to Buy Apartment Outside of Centre 732.11 $ 713.99 $      -2.47 %
Salaries And Financing
New York, NY[ Edit ] Hoboken, NJ[ Edit ]
Average Monthly Net Salary (After Tax) 5,944.43 $ 4,432.67 $      -25.43 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.82 4.22      +10.34 %
Last update: November 2020December 2020
Contributors in the past 12 months:39410