Mid-Size City292,449 people

Jersey City, NJ

Discover how far your salary goes in Jersey City. Compare taxes, rent, and living costs.

Cost Index
179
💰 Expensive
Population

292,449

State Tax

10.8%

1BR Rent

$2,415

/month

vs National

+73%

above avg

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Rent Prices in Jersey City

🏠

Studio

$1,932

/month

$23,184/year

Most Common
🛏️

1 Bedroom

$2,415

/month

$28,980/year

🏡

2 Bedroom

$3,260

/month

$39,120/year

🏘️

3 Bedroom

$4,226

/month

$50,712/year

Taxes in New Jersey

State Income Tax

New Jersey

10.8%

For a $100k salary, that's ~$10,750/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Jersey City, NJ?

Jersey City has a cost of living index of 179, which is 79% above the national average. A 1-bedroom apartment costs around $2,415/month.

What is the state income tax in New Jersey?

New Jersey has a state income tax rate of approximately 10.8%. This is in addition to federal income tax.

How much is rent in Jersey City?

The median rent for a 1-bedroom apartment in Jersey City is $2,415/month. For a 2-bedroom, expect to pay around $3,260/month. This is 73% above the national average.

Is Jersey City a good place to live?

Jersey City is a mid-size city with a population of 292,449. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for Jersey City

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