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Cost of Living in Clifton

Is it better to rent or buy in Clifton? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$92,813
$896/mo

Median in area: $896

$207,700

Median in area: $207,700

$41,540

If you Rent

🔑
$1,167 /mo
Base Rent$896
Est. Utilities$271
% of Income15.1%
Pre-tax Residual$6,567

If you Buy

🏠
$1,768 /mo
P&I (7.108%)$1,118
Taxes & Ins$379
Est. Utilities$271
% of Income22.9%
Pre-tax Residual$5,967

Cost of Living FAQs

Is it cheaper to rent or buy in Clifton?›

Based on median housing data, renting is currently more affordable on a monthly basis in Clifton. The estimated all-in monthly cost for renting is $1,167, while owning a median-priced home with a 20% down payment is roughly $1,768 per month (a difference of $601).

How much do utilities cost in Clifton?›

The average monthly utility cost (electricity and natural gas) for a typical home in Clifton is approximately $271. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Clifton?›

To comfortably afford the median rent and utilities in Clifton without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $46,680 per year.