What is the cost of living in Jersey City city, NJ?
In Jersey City city, NJ: median home value $534,500, median rent $1,902/month, median household income $94,813, per Census ACS 5-Year estimates.
Context
Housing is the single largest expense for most households, so housing costs are the best ACS-derived proxy for cost of living. Comparing housing costs to the local median income shows how affordable Jersey City city actually is for residents.
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In Jersey City city, NJ: median home value $534,500, median rent $1,902/month, median household income $94,813, per Census ACS 5-Year estimates.