Cost of Living: Paterson, NJ vs Westminster, CO (2026)

Paterson

New Jersey
106
VS

Westminster

Colorado
139

Paterson is 24% cheaper than Westminster.

$1,457/mo ↓ 20%
Median Rent
$1,816/mo ↑ 25%
$53,766/yr ↓ 44%
Median Income
$96,145/yr ↑ 79%
$335,400 ↓ 33%
Home Value
$497,400 ↑ 48%
$1,553/mo ↓ 16%
Owner Costs
$1,841/mo ↑ 19%
157,660
Population
115,546

Tax Comparison

10.75%
Income Tax
4.4%
6.625%
State Sales Tax
2.9%
2.23%
Property Tax
0.51%

Affordability

32.5%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Paterson, NJ and Westminster, CO, the overall cost of living indices are 106 and 139 respectively (national median = 100). Rent is $359/month cheaper in Paterson, saving renters about $4,308/year.

Median household income is $42,379/year higher in Westminster. Home values also differ significantly — the median in Paterson is $335,400 compared to $497,400 in Westminster.

Colorado has a lower income tax rate, making Westminster slightly more tax-friendly.

Frequently Asked Questions

Paterson vs Westminster — common questions

Is Paterson or Westminster cheaper to live in?
Based on our cost index, Paterson is cheaper to live in with an index of 106 compared to 139 (US average = 100).
What is the rent difference between Paterson and Westminster?
Median rent in Paterson is $1,457/month and in Westminster it's $1,816/month — a difference of $359/month.
Which city has higher income, Paterson or Westminster?
Median household income is $53,766 in Paterson and $96,145 in Westminster. Median household income is $42,379/year higher in Westminster.
How do taxes compare between New Jersey and Colorado?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Paterson or Westminster?
It depends on your priorities. Paterson has a cost index of 106 with median rent of $1,457/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Paterson details → View Westminster details →

More Comparisons

Other cost of living comparisons for Paterson and Westminster

Paterson vs. Corona Paterson vs. Murfreesboro Paterson vs. Hayward Paterson vs. Alexandria Paterson vs. Salinas Paterson vs. Macon Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point