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Hudson County · New Jersey

Cost of living in Jersey City, NJ

Price levels published by the Bureau of Economic Analysis for New York-Newark-Jersey City, NY-NJ, with the national average set to 100 — so 108 means things cost 8% more here than the US average.

Quick answer

Living in Jersey City, NJ costs 12.6% above the national average — an all-items price level of 112.6. To match the buying power of a $100,000 national-average salary you would need about $112,563 here.

All items
112.6US average = 100
Housing
148.648.6% above the national average
Goods
110.310.3% above the national average
Other services
105.85.8% above the national average

Price level by component

Where the difference actually comes from.

ComponentIndexvs USWhat it covers
Goods110.3+10.3%Groceries, fuel, clothing, durable purchases.
Housing148.6+48.6%Rents and imputed rents — the biggest single swing factor.
Utilities127.0+27.0%Electricity, gas, water and other household energy.
Other services105.8+5.8%Healthcare, dining, repairs, personal services.

What your salary is worth in Jersey City, NJ

Enter a salary. We deflate it by the local price level (112.6 where 100 is the US average) and show what you would need to earn here to match the same pay somewhere average.

Real value here
$81,047
Needed to match US average
$102,690
Monthly difference
$955

What a local paycheck is really worth

Nominal pay is only half the story.

The median household in Jersey City earns $91,229. Deflated by the local price level, that is $81,047 in national-average dollars — the BEA calls this real income, and it is simply income × 100 ÷ 112.6.

Run your own salary through the comparison tool →

Same city, other datasets.

Source: US Bureau of Economic Analysis, Regional Price Parities

2024 BEA Regional Price Parities, published for New York-Newark-Jersey City, NY-NJ. Parities are metro-wide, so a single neighbourhood can sit well above or below these figures.