Jersey City, New Jersey has an overall cost of living index of 112.6, which is 12.6 points above the US average of 100 — making it pricier than most American cities. Renters pay a median of $2,007 per month, while the typical home is valued around $566,900. Households earn a median of $97,710 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 46. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$97,710
Median Income / yr
Census ACS
$2,007
Median Rent / mo
Census ACS
$566,900
Median Home Value
Census ACS
112.6
Cost of Living Index
Studio FMR
$2,407
HUD · FY2024
1BR Fair Market Rent
$2,458
HUD · FY2024
2BR Fair Market Rent
$2,763
HUD · FY2024
3BR Fair Market Rent
$3,367
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
112.6
Goods
108.3
Rents / Housing
149.7
Services
129.1
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $161,090 |
| Registered Nurse | $115,650 |
| Elementary Teacher | $95,140 |
| Electrician | $85,440 |
| Accountant | $121,970 |
| Plumber | $91,060 |
| Nurse Practitioner | $260,160 |
| Civil Engineer | $121,640 |
| Operations Manager | $187,140 |
| Market Research Analyst | $102,680 |
| Health Services Manager | $183,580 |
| Truck Driver | $69,180 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $140,050 |
Source: BLS OEWS 2023 (metro-level data)
Population
294,078
Latest estimate
Median Age
34.7 yrs
Census ACS
46.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
10
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$2,129
Per month
Avg Home Value
$592,589
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 07002 | — | $1,474 | $413,100 |
| ZIP 07030 | — | $2,648 | $859,300 |
| ZIP 07087 | — | $1,415 | $448,000 |
| ZIP 07302 | — | $2,792 | $862,800 |
| ZIP 07304 | — | $1,500 | $466,000 |
| ZIP 07305 | — | $1,523 | $400,600 |
| ZIP 07306 | — | $1,522 | $477,600 |
| ZIP 07307 | — | $1,591 | $546,600 |
| ZIP 07310 | — | $3,327 | $859,300 |
| ZIP 07311 | — | $3,501 | — |
January Avg
33°F
July Avg
79°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.7
poor
Hospitals
2
Doctors per 1,000
1.00
Insurance Coverage
91.5%
Jersey City has a Regional Price Parity (RPP) index of 112.6. The US national average is 100, so Jersey City is 12.6 points above the national average.
The median gross rent in Jersey City is $2,007 per month according to US Census ACS data.
The median household income in Jersey City is $97,710 per year.
The median home value in Jersey City is $566,900 based on the latest Census ACS survey.
Jersey City has an average Air Quality Index (AQI) of 46.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for New Jersey is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
