Elmwood Park, NJ vs Dumont, NJ: Cost of Living

Which city costs less?

Dumont, NJ has a modeled overall cost index 15.5% higher than Elmwood Park, NJ.

Elmwood Park, NJ · modeled 2BR rent
$2,690 / month
Dumont, NJ · modeled 2BR rent
$2,360 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Elmwood Park, NJ and Dumont, NJ using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated extra cost: $1,195/month in Dumont, NJ

$150,000 in your current city has a modeled equivalent of $164,339 in Dumont, NJ

Regional cost estimates: Elmwood Park, NJ uses Newark, NJ. Dumont, NJ uses Jersey City, NJ. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 15.5%
More expensive
Monthly Impact
$1,195
Extra cost
Annual Impact
$14.3K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Elmwood Park, NJ

Population:21K
Cost Index:
101.7
100 = national average
Typical Home:$604K

Dumont, NJ

Population:18K
Cost Index:
117.5
100 = national average
Typical Home:$650K

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Elmwood Park, NJ

The Garden State

21K
Population
State Tax
Yes

Located in New Jersey, this city has a population of 21K residents.

Dumont, NJ

The Garden State

18K
Population
State Tax
Yes

Located in New Jersey, this city has a population of 18K residents.

Cost Breakdown by Category

Estimated monthly spending: Elmwood Park, NJ vs Dumont, NJ

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↑ 64.0%
Elmwood Park, NJ
$1,881
Dumont, NJ
$3,085
Difference
$1,204
more
Other
↓ 0.2%
Elmwood Park, NJ
$1,872
Dumont, NJ
$1,868
Difference
$3.89
less
Transportation
↓ 0.2%
Elmwood Park, NJ
$1,477
Dumont, NJ
$1,474
Difference
$3.07
less
Groceries
↓ 0.1%
Elmwood Park, NJ
$1,047
Dumont, NJ
$1,046
Difference
$1.09
less
Healthcare
↓ 0.1%
Elmwood Park, NJ
$655
Dumont, NJ
$654
Difference
$0.68
less
All Utilities
↓ 0.1%
Elmwood Park, NJ
$567
Dumont, NJ
$567
Difference
$0.59
less

🏠Rent Comparison

Studio
From$2,060
To$1,810
↓ $250
1 Bed
From$2,340
To$2,060
↓ $280
2 Bed
From$2,690
To$2,360
↓ $330
3 Bed
From$3,280
To$2,880
↓ $400
Elmwood Park, NJZIP-level data

1BR range: $2,340–$2,340/mo

Dumont, NJZIP-level data

1BR range: $2,060–$2,060/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Elmwood Park, NJ
$8,695
Monthly in Dumont, NJ
$1,195
Difference

Home Values

Elmwood Park
Dumont
$604K
Median Value
$650K
↑ +2.9%
YoY Change
↑ +6.6%
↑ +30.1%
5-Year Change
↑ +41.1%

Homes in Dumont are 8% more expensive than Elmwood Park

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
→ $0
Same taxes
Monthly Difference
$0
Same take-home
Effective Rate Diff
0.0%
Rate difference

Elmwood Park, NJ

Federal Income Tax
Effective: 18.9%
$25.5K
New Jersey State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,796/month
$105.6K

Dumont, NJ

Federal Income Tax
Effective: 18.9%
$25.5K
New Jersey State Tax
Effective: 5.0%
$7.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,796/month
$105.6K

Additional Tax Information

Elmwood Park, NJ Tax Rates

Sales Tax:6.6%
Property Tax:2.5%

Dumont, NJ Tax Rates

Sales Tax:6.6%
Property Tax:2.5%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Elmwood Park
Dumont
N/A
Air Quality
41 Good
-
Good Air Days
71.3%
98 High
Climate Risk
97 High
🌊🌡🌪
Top Hazards
🌊🌅🌡
▲+2.9°F
2050 Outlook
▲+2.8°F
15 days
Heat Days >95°F
12 days
▲+2.9°F
2050 Outlook
▲+2.8°F
15 days
Heat Days >95°F
12 days

Before moving from Elmwood Park, NJ to Dumont, NJ

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Dumont, NJ for the same bedroom count and included utilities as your home in Elmwood Park, NJ. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Elmwood Park to Dumont moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Dumont, NJ by cost, housing, population and region.

Frequently Asked Questions: Elmwood Park, NJ vs Dumont, NJ

How do the cost estimates for Elmwood Park, NJ and Dumont, NJ compare?

Dumont, NJ has a modeled overall cost index 15.5% higher than Elmwood Park, NJ. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Elmwood Park, NJ, the model estimates $164,339 in Dumont, NJ. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Elmwood Park, NJ and Dumont, NJ?

The modeled two-bedroom rents are $2,690/month in Elmwood Park, NJ and $2,360/month in Dumont, NJ. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

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