Are you considering a move to Paterson, New Jersey, United States, and wondering about the cost of living? Paterson, New Jersey is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Paterson, New Jersey and help you understand whether $4544 per month is moderately priced, given the average monthly salary of $3312.0.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
13.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
90.0 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
5.0 $ |
|
|
Domestic Beer (1 pint draught) |
6.25 $ |
|
|
Imported Beer (12 oz small bottle) |
7.25 $ |
|
|
Cappuccino (regular) |
4.6 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
1.62 $ |
|
|
Water (12 oz small bottle) |
3.0 $ |
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Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.25 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
1.1 $ |
|
|
Rice (white), (1 lb) |
4.19 $ |
|
|
Eggs (regular) (12) |
2.5 $ |
|
|
Local Cheese (1 lb) |
15.32 $ |
|
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Chicken Fillets (1 lb) |
7.25 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.37 $ |
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|
Apples (1 lb) |
13.12 $ |
|
|
Banana (1 lb) |
1.42 $ |
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Oranges (1 lb) |
4.41 $ |
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|
Tomato (1 lb) |
3.06 $ |
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|
Potato (1 lb) |
2.84 $ |
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|
Onion (1 lb) |
2.18 $ |
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|
Lettuce (1 head) |
1.59 $ |
|
|
Water (1.5 liter bottle) |
2.0 $ |
|
|
Bottle of Wine (Mid-Range) |
15.0 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.99 $ |
|
|
Imported Beer (12 oz small bottle) |
8.0 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
12.0 $ |
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Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
3.3 $ |
|
|
Monthly Pass (Regular Price) |
59.0 $ |
|
|
Taxi Start (Normal Tariff) |
3.0 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.24 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
15.0 $ |
|
|
Gasoline (1 gallon) |
0.93 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
24000.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
23000.0 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
172.5 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
87.5 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
-- |
|
|
Tennis Court Rent (1 Hour on Weekend) |
15.0 $ |
|
|
Cinema, International Release, 1 Seat |
15.0 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1033.33 $ |
|
|
International Primary School, Yearly for 1 Child |
14400.0 $ |
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Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
60.0 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
19.0 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
93.33 $ |
|
|
1 Pair of Men Leather Business Shoes |
158.67 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
2750.0 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
1500.0 $ |
|
|
Apartment (3 bedrooms) in City Centre |
5750.0 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
3100.0 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
-- |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
-- |
|
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Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
3312.0 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.6 % |
|
The monthly expenses for living in Paterson, New Jersey come to a total of approximately $4544. This includes an average monthly rent of around $2750 for a one-bedroom apartment in the city center, along with utilities costing about $216 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $929 per month.
Living in Paterson, New Jersey appears to be relatively budget-friendly when considering the average monthly income of $3312.0. However, to enjoy a comfortable standard of living in Paterson, New Jersey, you would likely need an income exceeding $3312.0.
In Paterson, New Jersey, the average monthly post-tax salary hovers around $3312.0, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Paterson, New Jersey is approximately $2750. If you're open to living in a location outside the city center, you can expect to pay around $1500.0 for such an apartment.
The expense for groceries in Paterson, New Jersey can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $736 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.
Paterson’s grade on Crime Grade is C-, meaning the city has a slightly higher crime rate than the average city in the US. According to this site, Paterson is in the 33rd percentile for the safety category. This means that the city is less safe than 67% of US cities and safer than 33%. A person’s overall risk when visiting Paterson should be between medium and high.
A quick Google search would show that the most popular taxi companies in Paterson are El Pueblo Taxi, Taxi Paterson, and Rose Cab & Taxi Exclusivo, all with 4.5 stars or higher. All three companies have stellar online reviews, and there are no visible complaints about safety. According to the “Urban Supplement Report: the City of Paterson,” Paterson is served by the “NJ TRANSIT Main Line, which runs between Suffern, New York to the north and Hoboken, New Jersey to the south.” Users on Trip Advisor say that the train is safe. It can, thus, be concluded that Paterson’s transport and taxis risk is low.
Out of a population of 159,732, Paterson has had 1,343 incidents of theft, resulting in a rate of 8.41 incidents per 1,000 people. This is lower than the national average, which has a rate of 13.90 per 1,000 people. We can, therefore, say that Paterson has a low pickpockets/theft risk.
Severe storms, floods, winter storms, and wildfires are some of New Jersey’s most common natural disasters. Earthquakes and tornados also occur, but they happen less often than the national average. Paterson has about the same level of risk for earthquake damage as the New Jersey average, but it has less risk for tornado damage than the state average. Since there’s not a lot of detailed information about other natural disasters in Paterson, we can only base our assessment on the findings above. The city of Paterson appears to have a low natural disasters risk.
Paterson, according to Neighborhood Scout, has a robbery incidence rate of 2.67 per 1,000 people. This is based on the site’s report of 426 robberies out of a population of 159,732 people. This is higher than the national average, whose robbery incidence rate is 0.73 for the same number of people (243,600 robberies out of 331,449,281 people). It appears that Paterson has a high mugging risk compared to the national average.
There’s no readily available information about terrorist threats or attacks on Paterson. However, Paterson came under the national spotlight in 2017 when Sayfullo Saipov, a resident of the city, was arrested for his deadly terrorist attack in New York City. His act, which involved ramming a truck into a crowd in Lower Manhattan, led to eight deaths. But since there have been no known terrorist threats or attacks in Paterson itself, we can say that Paterson has a low terrorism risk.
Although there have been reported scams in Paterson, it doesn't appear that any of them specifically targeted visitors or tourists. Perhaps, Paterson’s most notable scam case is the $4.5 million food stamp scam. Two Paterson grocers paid out cash to customers in exchange for their electronic benefits. Since it doesn’t appear that scams are a particularly big problem for visitors in Paterson, we can conclude that the city has a low scams risk.
Neighborhood Scout shows that Paterson’s rape incidence rate is lower than the national average (0.31 and 0.38 per 1,000 people, respectively). Since there’s no online information about the safety of female travelers in the city, we can only base our assessment on the city’s rape statistics. Because Paterson has a lower rape incidence rate than the US average, we conclude that Paterson has a low travelers risk for women.
Currently, Paterson has no active health-based violations of the Safe Water Drinking Act. However, boil water advisories have been issued due to runoffs into reservoirs resulting from natural disasters like storms. Still, it seems that Paterson has a low-to-medium tap water risk.
For people traveling from outside the US, a passport is required. Unless they’re permanent residents or people staying in the US for more than 90 days, they don’t need a visa.
The US dollar, the official currency of the US, is the only accepted currency in Paterson and the rest of the country. If you need to exchange your currency, you can visit a kiosk, ATM, or other business throughout Paterson.
Paterson sees four seasons throughout the year. While this may sound ideal for a lot of people, there are some important things to consider. Summers can be scorching hot and humid, while winters can be cold, wet, and snowy. Make sure you dress appropriately for whatever season it is.
Visitors can fly into Newark Liberty International Airport, the closest international airport to Paterson. It’s only 25 to 30 minutes away from the city by car.
You’re bound to run into unexpected situations while traveling. Common travel mishaps include medical emergencies, canceled flights, and lost or stolen luggage. Luckily, travel insurance is designed to help you in such situations. Besides serving as a financial cushion, it allows you to relax and fully enjoy your trip. Purchasing travel insurance will help you make the most of your trip to Paterson, New Jersey, and help turn it into a memorable, fun-filled vacation of a lifetime.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 38°F | 41°F | 50°F | 62°F | 72°F | 80°F | 85°F | 82°F | 75°F | 64°F | 53°F | 43°F |
| Temp | 30°F | 33°F | 41°F | 51°F | 62°F | 70°F | 75°F | 74°F | 66°F | 54°F | 45°F | 35°F |
| Low | 24°F | 26°F | 33°F | 43°F | 52°F | 61°F | 66°F | 65°F | 57°F | 46°F | 37°F | 29°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 3°C | 5°C | 10°C | 16°C | 22°C | 26°C | 29°C | 27°C | 23°C | 17°C | 11°C | 6°C |
| Temp | -1°C | 0°C | 5°C | 10°C | 16°C | 21°C | 23°C | 23°C | 18°C | 12°C | 7°C | 1°C |
| Low | -4°C | -3°C | 0°C | 6°C | 11°C | 16°C | 18°C | 18°C | 13°C | 7°C | 2°C | -1°C |