River Edge, NJ vs Malverne, NY: Cost of Living

Which city costs less?

Malverne, NY has a modeled overall cost index 22.8% higher than River Edge, NJ.

River Edge, NJ · modeled 2BR rent: $2,460 / month
Malverne, NY · modeled 2BR rent: $2,380 / 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 River Edge, NJ and Malverne, NY 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

Current salary in River Edge, NJ

Numbers update automatically as you type

Estimated extra cost: $2,068/month in Malverne, NY

$150,000 in your current city has a modeled equivalent of $174,817 in Malverne, NY

Regional cost estimates: River Edge, NJ uses Jersey City, NJ. Malverne, NY uses New York, NY. Available city ZIP rent estimates are shown separately.

Overall Cost

↑ 22.8%

More expensive

Monthly Impact

$2,068

Extra cost

Annual Impact

$24.8K

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.

River Edge, NJ

Population:12K

Cost Index:

116.3

100 = national average

Typical Home:$812K

Malverne, NY

Population:8K

Cost Index:

142.8

100 = national average

Typical Home:$784K

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River Edge, NJ

The Garden State

12K

Population

State Tax

Yes

Located in New Jersey, this city has a population of 12K residents.

Malverne, NY

The Empire State

Population

State Tax

Yes

Located in New York, this city has a population of 8K residents.

Cost Breakdown by Category

Estimated monthly spending: River Edge, NJ vs Malverne, NY

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.

Category	River Edge, NJ	Malverne, NY	Difference	Change
Housing	$2,658/mo	$4,997/mo	↑ $2,339more	88.0%
Other	$1,610/mo	$1,477/mo	↓ $133less	8.3%
Transportation	$1,270/mo	$1,163/mo	↓ $107less	8.4%
Healthcare	$567/mo	$541/mo	↓ $25.04less	4.4%
All Utilities	$491/mo	$472/mo	↓ $18.24less	3.7%
Groceries	$905/mo	$917/mo	↑ $11.91more	1.3%

Housing

↑ 88.0%

River Edge, NJ

$2,658

Malverne, NY

$4,997

Difference

$2,339

Other

↓ 8.3%

River Edge, NJ

$1,610

Malverne, NY

$1,477

Difference

$133

less

Transportation

↓ 8.4%

River Edge, NJ

$1,270

Malverne, NY

$1,163

Difference

$107

less

Healthcare

↓ 4.4%

River Edge, NJ

$567

Malverne, NY

$541

Difference

$25.04

less

All Utilities

↓ 3.7%

River Edge, NJ

$491

Malverne, NY

$472

Difference

$18.24

less

Groceries

↑ 1.3%

River Edge, NJ

$905

Malverne, NY

$917

Difference

$11.91

🏠Rent Comparison

Studio

From$1,880

To$1,730

↓ $150

1 Bed

From$2,140

To$2,060

↓ $80.00

2 Bed

From$2,460

To$2,380

↓ $80.00

3 Bed

From$3,000

To$3,090

↑ $90.00

River Edge, NJZIP-level data

1BR range: $2,140–$2,140/mo

Malverne, NYZIP-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 River Edge, NJ

$9,568

Monthly in Malverne, NY

$2,068

Difference

Home Values

River Edge

Malverne

$812K

Median Value

$784K

↑ +9.3%

YoY Change

↑ +4.6%

↑ +39.3%

5-Year Change

↑ +31.5%

Homes in Malverne are 3% less expensive than River Edge

Calculate payment - River Edge Calculate payment - Malverne

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $2.1K

More taxes

Monthly Difference

$176

Less take-home

Effective Rate Diff

1.4%

Rate difference

River Edge, 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

Malverne, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Additional Tax Information

River Edge, NJ Tax Rates

Sales Tax:6.6%

Property Tax:2.5%

Malverne, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

💡 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

River Edge

Malverne

41 Good

Air Quality

43 Good

71.3%

Good Air Days

65.8%

97 High

Climate Risk

99 High

🌊🌅🌡

Top Hazards

🌊🌀🌡

▲+2.8°F

2050 Outlook

▲+2.7°F

12 days

Heat Days >95°F

11 days

▲+2.8°F

2050 Outlook

▲+2.7°F

12 days

Heat Days >95°F

11 days

Before moving from River Edge, NJ to Malverne, NY

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

Compare actual homes. Get current quotes in Malverne, NY for the same bedroom count and included utilities as your home in River Edge, NJ. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
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.
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.
Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your River Edge to Malverne moving checklist to organize the tasks and timing.

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

Frequently Asked Questions: River Edge, NJ vs Malverne, NY

How do the cost estimates for River Edge, NJ and Malverne, NY compare?

Malverne, NY has a modeled overall cost index 22.8% higher than River Edge, 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 River Edge, NJ, the model estimates $174,817 in Malverne, NY. 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 River Edge, NJ and Malverne, NY?

The modeled two-bedroom rents are $2,460/month in River Edge, NJ and $2,380/month in Malverne, NY. 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.

💰 See how taxes change too — compare take-home pay between New Jersey and New York on TaxTakeHome.com