Cost of Living in Trenton, NJ
2024 data from the Bureau of Economic Analysis
Cost Index
103.2
3.2% above avg
Housing Index
135.1
Median Income
$92,697
Median Rent
$1,454/mo
Cost Breakdown
Overall103.2 (+3.2%)
Housing135.1 (+35.1%)
Goods99.8 (-0.2%)
Utilities112.3 (+12.3%)
Other Services97.9 (-2.1%)
National average = 100
Income & Housing
Median Household Income
$92,697/year
Median Home Value
$327,600
Median Monthly Rent
$1,454/mo
Per Capita Income
$50,053/year
Compare Trenton, NJ With
Frequently Asked Questions
Is Trenton, NJ expensive to live in?
Trenton, NJ has a cost of living index of 103.2, which is 3.2% above the national average.
How much does housing cost in Trenton, NJ?
Housing costs in Trenton, NJ are indexed at 135.1 compared to the national average of 100. The median monthly rent is $1,454.
What is the average income in Trenton, NJ?
The median household income in Trenton, NJ is $92,697 per year.
What is the average home price in Trenton, NJ?
The median home value in Trenton, NJ is $327,600.