Los Angeles, CA vs Jersey City, NJ

Cost of living comparison · 2023 Census ACS data

Quick Summary

Jersey City comes out ahead on the two metrics that matter most for relocation math: housing runs 39% cheaper than Los Angeles, and median household income runs 15% higher. That combination is uncommon — usually one trades off the other.

Median Home Value
$879,500
$534,500
Zillow Home Value
$941,985
$653,809
Median Gross Rent
$1,879/mo
$1,902/mo
Owner Occupied %
36.3%
28.8%
Price-to-Rent Ratio
39.0x
23.4x
Median Household Income
$80,366
$94,813
Per Capita Income
$46,270
$57,746
Unemployment Rate
7.9%
5.8%
Poverty Rate
16.6%
15.6%
Avg Commute (min)
34.1 min
40.6 min
Drove Alone %
61.4%
28.1%
Public Transit %
6.7%
37.1%
Work From Home %
17.3%
21.6%
State Income Tax
13.3%
10.8%
Total Sales Tax
8.7%
6.6%
Property Tax Rate
0.7%
2.5%
Bachelor's Degree %
24.5%
29.4%
Median Age
36.9
34.7
Avg High Temp
70.4°F
63.8°F
Annual Precipitation
13.4"
46.6"
Annual Snowfall
31.5"
  • Median Gross Rent
  • Median Home Value
  • Total Sales Tax
  • Median Household Income
  • Unemployment Rate

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