Cost of Living in Upper Saddle River

Upper Saddle River, is known for its affluent community and high standard of living. The cost of living in this area is significantly higher than the national average, reflecting the upscale nature of the town and its amenities. Housing prices in Upper Saddle River are quite steep, with 3-bedroom homes typically starting at around $700,000 and can go well over $1 million depending on the size, location, and condition of the property. For 4-bedroom homes, prices are even higher, often starting at $1 million and climbing much higher for luxury properties with more land or newer construction.

Apartment rentals in Upper Saddle River are also on the pricier side, with 1-bedroom units starting at about $1,800 per month and 2-bedroom units going for $2,500 or more. These prices can vary based on the amenities offered, the age of the building, and the exact location within the town. For those interested in purchasing an apartment or a condo, the prices can range significantly, but a ballpark figure would be starting at $400,000 and up for a 2-bedroom unit.

Dining out in Upper Saddle River can cater to a variety of tastes and budgets, but on average, a meal at a mid-range restaurant might cost around $50 to $70 for two people. Upscale dining experiences will, of course, come with a higher price tag. Utilities, including electricity, heating, cooling, water, and garbage, for a standard 915-square-foot apartment run approximately $250 to $350 per month, depending on usage and the time of year.

Private school tuition is another significant expense for families living in Upper Saddle River. Preschool costs can vary widely, but on average, you might expect to pay between $1,000 and $2,000 per month. Elementary schools can range from $10,000 to $30,000 per year, while middle schools and high schools can be even more costly, with some tuitions reaching upwards of $40,000 annually. These costs will depend on the reputation and facilities of the private institution.