Most Affordable Cities in New Jersey

Cost of living rankings for 285 cities in New Jersey with uncapped home, rent, and income estimates. On average, New Jersey is expensive with a statewide average Cost Index of 149.

1 source baseline is past its update cadence — newer official vintage not reflected
Cheapest City
Crestwood Village
Index: 84
Most Expensive
Englewood Cliffs
Index: 291
State Average
149
National: 100
Cities Ranked
285
eligible statewide total

New Jersey Affordability Ranking

Showing 251–285 of 285 eligible cities — 35 on this page. Page 6 of 6.

#CityIndexHome ValueRentIncome
251Pine Brook194$924,652$2,847$126,488
252Morganville197$880,254$3,512$161,500
253West Long Branch198$1,014,022$2,283$114,271
254Ocean City199$1,128,692$1,880$101,782
255Oradell199$1,020,100$2,282$221,322
256Princeton201$970,831$3,456$192,079
257Cresskill201$1,037,168$2,282$170,376
258Margate City201$1,138,701$1,720$121,800
259Hoboken202$883,427$3,989$180,579
260Florham Park203$1,061,351$2,233$158,696
261Mountainside204$1,064,682$2,233$211,538
262Palisades Park206$1,016,316$2,938$94,743
263Bernardsville206$1,045,945$2,623$236,115
264Lincroft206$1,077,641$2,283$189,000
265New Providence207$1,011,471$3,110$161,599
266Belmar207$1,042,511$2,742$93,573
267Glen Rock209$1,103,000$2,282$215,096
268Basking Ridge209$951,080$3,918$188,295
269Watchung210$1,081,763$2,623$173,672
270Madison211$1,032,852$3,275$171,471
271Allendale211$1,126,248$2,282$160,162
272North Caldwell218$1,185,862$2,233$208,245
273Little Silver221$1,208,671$2,283$240,853
274Old Tappan225$1,249,424$2,282$205,385
275Woodcliff Lake229$1,280,675$2,282$213,981
276Manasquan234$1,245,479$3,119$142,944
277Paramus242$1,079,109$5,508$144,349
278Westfield243$1,315,131$3,211$232,629
279Closter247$1,207,579$4,625$190,469
280Ridgewood249$1,269,475$4,181$208,211
281Chatham251$1,377,107$3,266$241,500
282Summit253$1,410,098$3,047$190,304
283Tenafly257$1,330,225$4,323$208,200
284Franklin Lakes287$1,642,902$3,735$235,795
285Englewood Cliffs291$1,813,590$2,282$230,611

2026 edition — based on ACS 2024, Zillow 2026-08, HUD FY2027, and BEA 2024 dated sources. The edition year is not the observation year.

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