Cost of Living in Bayonne, NJ

Population 70,468 · New Jersey · Data vintage 2023

136
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bayonne is effectively a commuter community: the average resident spends 38 minutes each way getting to work, well above the 27-minute US median. Housing costs ($446,000 for a typical home) tend to reflect the tradeoff between price and access.

Geographically, Bayonne is part of the immediate Jersey City metro area. Median home values run roughly 17% lower than Jersey City's $535,000.

Cost Overview

Housing 146
Rent 121

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bayonne

The median home value in Bayonne is $446,100 — 46% above the national median of $305,000. Median rent runs $1,593/month, 21% higher than the national median of $1,314/month. The median household income of $81,285/year is 9% higher than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 63.8°F and lows of 47.1°F, with about 31.5" of annual snowfall. Overall, Bayonne has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.

🏠 Housing

Median Home Value
$446,100
46% above avg
Zillow Home Value
$577,301
Zillow ZHVI
Median Rent
$1,593/mo
21% above avg
Zillow Rent
$2,326/mo
Zillow ZORI
Price-to-Rent Ratio
23.3x
Favors renting
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 37.4%
Renter-occupied 62.6%

💰 Estimated Monthly Budget

Rent median rent
$1,593
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,207/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
37.7 min
40% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.3%

Commute Mode

Drove alone
49.5%
Carpooled
7.5%
Public transit
20.9%
Walked
6.3%
Bicycle
0.1%
Work from home
13.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$81,285
9% above avg
Per Capita Income
$41,472
Unemployment Rate
5.6%
17% above avg
Poverty Rate
14.4%
Labor Force Participation
65.2%

🎓 Education

Bachelor's degree+ 28.1%
Graduate degree 11.6%

👥 Demographics

Median Age 38.6
Male median age 37.6
Female median age 39.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.8°F
Avg Low
47.1°F
Annual Precip
46.6"
Annual Snowfall
31.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637382878578665545
Low °F 262734445464696861493931
Precip" 3.422.984.133.873.974.344.664.153.823.793.334.14
Snow" 9.110.15.60.50.00.00.00.00.00.20.65.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
59.7%
Good air days/yr
203
Max AQI recorded
193
PM2.5 days
99
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
13.6:1
Student-teacher ratio
13
Public schools
9,987
Total enrollment

Frequently Asked Questions

What is the cost of living in Bayonne, NJ?

Bayonne has a cost index of 136 (100 = national average). It is 36% above the national average.

What is average rent in Bayonne, NJ?

The median gross rent in Bayonne is $1,593 per month based on 2023 Census data.

What is the average home price in Bayonne?

The median home value in Bayonne is $446,100 according to Zillow and Census data.

What is the median income in Bayonne?

The median household income in Bayonne is $81,285 per year (2023 ACS 5-year estimates).

What is the sales tax in Bayonne, NJ?

The combined state and local sales tax rate in Bayonne is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Bayonne, NJ affordable?

Bayonne is above average in cost of living, with an index of 136 — about 36% higher than the national average.

What is the weather like in Bayonne?

Bayonne has average high temperatures of 63.8°F and average lows of 47.1°F. Annual precipitation is 46.6". Average annual snowfall is 31.5". Data from NOAA 1991–2020 Climate Normals.

Bayonne at a Glance

Population
70,468
Median Income
$81,285
Home Value
$446,100
Median Rent
$1,593/mo
Unemployment
5.6%
Avg High Temp
63.8°F
Sales Tax
6.6%
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