Kinnelon, NJ

Yes — Kinnelon is about 75% more expensive than the national average, with an overall Cost Index of 175. Housing is the biggest factor: the typical home here is valued around $807,382, and monthly rents average roughly $2,307. Day-to-day costs like groceries and utilities tend to run higher than average as well.

Start with housing. Typical monthly rent is $2,307, while local median household income is $178,102. That implies a rent-burden proxy of about 16% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

New Jersey has a progressive state income tax with a top rate of 10.75%. The effective property tax rate is 2.47%. On a home worth $807,382, that translates to roughly $19,942 per year in property taxes. Sales tax (state + local) averages around 6.6% on everyday purchases.

The typical monthly rent in Kinnelon is around $2,307. That's about 71% higher than the $1,348 national median. For comparison, the median home value here is $807,382, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Kinnelon is valued at $807,382. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $4,083/month for principal and interest alone — before property taxes and insurance. About 93% of residents here own their homes.

Grocery prices in Kinnelon are noticeably pricier compared to the rest of the US (index: 110, where 100 is the national average). Utility bills (electricity, gas, water) are on the high side (index: 127). Both add meaningful weight to your monthly budget here.

Kinnelon is a small town with a population of about 9,971. The median age of residents is 42.4, skewing somewhat older — common in established suburban communities. The local poverty rate is 2.02%, well below the national average of 12.4%.