Cost of living in Clifton, NJ — Housing, Rent & Index

The median home value in Clifton, NJ is $607,746 as of 2026-04. That places Clifton above the US average for housing cost, with a cost index of approximately 171 versus a national baseline of 100.

Over the past 12 months, the median home value in Clifton has climbed 3.3%, and over the past five years it has averaged +7.0% annual growth. The current price sits +0.0% from its 5-year peak in 2026-04.

Renters pay a median of $2,504 per month in Clifton. Rents have changed +2.5% over the last year and averaged — per year over five years.

Beyond housing, day-to-day costs in Clifton are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.