New York vs Jersey City: Cost of Living
6%
Jersey City is about 6% more expensive than New York overall.
How New York Compares to Jersey City
Category by category
Renting
▼ 17%
Buying
▲ 36%
Goods
about the same
Services
about the same
Key Facts
| New York | Jersey City | |
|---|---|---|
| Median Rent | $1,811/mo | $2,182/mo |
| Median Home | $778,600 | $571,700 |
| Median Income | $81,228 | $100,751 |
| State Income Tax | Up to 10.9% | Up to 10.75% |
| Sales Tax | 8.875% | 6.63% |
Housing: The Biggest Difference
Jersey City has the lower median home price by $206,900. Monthly rent is $371/month cheaper in New York.
New York vs Jersey City FAQ
Rent is $371/month cheaper in New York. New York's median rent is $1,811/month, while Jersey City's is $2,182/month. Source: Census ACS 2024.
Jersey City has the lower median home price at $571,700, saving $206,900 compared to New York. Source: Census ACS 2024.