Cost of Living Analytics

Cost of Living / Trenton–Princeton, NJ Metro

Cost of Living in Trenton–Princeton, NJ Metro

Official metro name: Trenton-Princeton, NJ Metro Area

Trenton–Princeton, NJ Metro has a population of 383,732. Median household income is $92,697 and median rent is $1,454 per month. Rent is roughly 18.8% of median monthly income.

State: NJPopulation: 383,732Income: $92,697Rent: $1,454Affordability: Affordable (18.8%)
Median Household Income
$92,697
Annual (ACS median)
Median Rent
$1,454
Monthly (ACS median gross rent)
Rent as % of Income
18.8%
rent ÷ (income/12)
Cost Index
124
Simplified relative index

Is Trenton–Princeton, NJ Metro expensive?

Based on median rent and income, Trenton–Princeton, NJ Metro has a Affordable rent burden. Median rent is $1,454, which is about 18.8% of median monthly household income.

Average rent in Trenton–Princeton, NJ Metro

Median rent (ACS) is $1,454 per month. (Neighborhoods vary widely.)

How much income do you need in Trenton–Princeton, NJ Metro?

Median household income (ACS) is $92,697 per year. Housing costs take a bigger share of income when rent burden is high.

Other metros in NJ

Compare Trenton–Princeton, NJ Metro with nearby metros:

Data sources

  • US Census Bureau American Community Survey (ACS).
  • Affordability metric: median rent ÷ (median household income / 12).
  • Figures are metro-level medians; local variation is expected.