Jersey City, NJ Cost of Living


20 Reviews



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Jersey City cost of living score
139.5
More expensive
39.5% higher
than the US average
16.4% higher
than the New Jersey average
Jersey City, New Jersey gets a BestPlaces Cost of Living score of 139.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 39.5% higher than the U.S. average and 16.4% lower than the average for New Jersey.

Jersey City, NJ

Housing costs in Jersey City?
A typical home costs $553,300, which is 63.6% more expensive than the national average of $338,100 and 28.0% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Jersey City costs $2,220 per month, which is 55.2% more than the national average of $1,430 and 23.0% more than the state average of $1,710.

Can I afford Jersey City?
To live comfortably in Jersey City, New Jersey, a minimum annual income of $105,840 for a family, and $77,600 for a single person is recommended.

What does A.I. say about Jersey City?
Jersey City, New Jersey is quickly becoming one of America's premier destinations for those looking for excellent quality-of-life without spending too much. Homeowners can select among various housing choices ranging from affordable single family homes to high end condos - while renters also have access to lots of great deals today as well. In addition, food and transportation costs are much lower than other major US cities - giving you more value for your dollar if you decide on Jersey City as your home.
   Cost of living score
     CategoriesJersey CityNew JerseyUnited States
  139.5119.8100.0
  107.9105.8100
  99.696.9100.0
  196.2136.4100.0
  $553,300$432,100$338,100
  111.9%109.2%100.0%
  153.7127.7100.0
  112.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Jersey City
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Over 11 years ago

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Over 15 years ago

Jersey City has improved over the past 10-15 years, especially Downtown Jersey City. It has the charm of brownstone homes and the appeal of new high rise condo  More

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Over 16 years ago

I'm fairly young but I grew up in this city, and it's not that bad. Some people say it's dangerous and I beg to differ. If you come from the suburbs perhaps you may feel  More

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