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Paramus, NJ Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$120/mo
$50/mo
$45/mo
$25/mo
$65/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $2383/mo |
| 2 Bedrooms | $2648/mo |
| 3 Bedrooms | $3310/mo |
| Median Home Price | $684,800 |
| Property Tax Rate | 1.2% |
| Avg Childcare/mo | $1000 |
The housing market in Paramus is competitive, with a mix of single-family homes and apartments. Prices have been steadily rising due to its proximity to NYC and excellent schools.
Cost of Living
105
+5% above national average
102
98
100
$1000
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 7.5% |
| Property Tax Rate | 1.2% |
| <p>State 6.625% + County 0% + City 0.875%</p> | |
New Jersey has a progressive income tax system with rates ranging from 1.4% to 10.75%.
Family & Relocation
50
6.5/10
$1000/mo
City Pulse
Public transit is limited but stroller-friendly buses are available. Sidewalks are well-maintained in most areas.
- Van Saun County Park
- Bergen County Zoological Park
- Paramus Park Mall
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Paramus based on your household profile.
📰 Live Local News
Paramus has strict zoning laws and blue laws prohibiting certain retail sales on Sundays.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
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📊 Paramus — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs rise in winter due to heating needs and in summer due to air conditioning usage. Gas bills peak in winter while electric bills spike in summer.
🏛️ Local Tax Details
Key ZIP code level tax info: property tax millage rates vary by neighborhood, no local surtaxes specific to Paramus county.
👶 Family & Stroller Friendliness
7/10 with explanation: good sidewalk quality, excellent park access, limited elevator access in transit, family infrastructure is above average in Paramus
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