Cost of Living in Bogota, NJ

Population 9,110 · New Jersey · Data vintage 2023

145
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bogota sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 8.0%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 7 miles east of Paterson, Bogota falls within that metro's commuting orbit. Median home values run roughly 32% higher than Paterson's $335,000.

Cost Overview

Housing 145
Rent 144

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

About the Cost of Living in Bogota

The median home value in Bogota is $443,400 — 45% above the national median of $305,000. Median rent runs $1,893/month, 44% higher than the national median of $1,314/month. The median household income of $107,321/year is 44% higher than the US median of $74,580. The local unemployment rate is 8.0%, 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 64.0°F and lows of 46.7°F. Overall, Bogota has a cost of living index of 145 versus the US average of 100, meaning it is 45% more expensive.

🏠 Housing

Median Home Value
$443,400
45% above avg
Zillow Home Value
$112,668
Zillow ZHVI
Median Rent
$1,893/mo
44% above avg
Price-to-Rent Ratio
19.5x
Favors buying
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 68.5%
Renter-occupied 31.5%

💰 Estimated Monthly Budget

Rent median rent
$1,893
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,507/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
34.8 min
29% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.7%

Commute Mode

Drove alone
61.3%
Carpooled
16.8%
Public transit
9.6%
Walked
2.6%
Work from home
6.7%

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
$107,321
44% above avg
Per Capita Income
$45,952
Unemployment Rate
8.0%
66% above avg
Poverty Rate
5.6%
Labor Force Participation
69.3%

🎓 Education

Bachelor's degree+ 19.2%
Graduate degree 15.1%

👥 Demographics

Median Age 42.2
Male median age 42.7
Female median age 40.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.0°F
Avg Low
46.7°F
Annual Precip
46.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637382878578675645
Low °F 262734445363696760483831
Precip" 3.282.824.093.973.944.254.454.254.113.733.304.10

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
55.9%
Good air days/yr
197
Max AQI recorded
245
PM2.5 days
91
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
12.4:1
Student-teacher ratio
3
Public schools
1,211
Total enrollment

Frequently Asked Questions

What is the cost of living in Bogota, NJ?

Bogota has a cost index of 145 (100 = national average). It is 45% above the national average.

What is average rent in Bogota, NJ?

The median gross rent in Bogota is $1,893 per month based on 2023 Census data.

What is the average home price in Bogota?

The median home value in Bogota is $443,400 according to Zillow and Census data.

What is the median income in Bogota?

The median household income in Bogota is $107,321 per year (2023 ACS 5-year estimates).

What is the sales tax in Bogota, NJ?

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

Is Bogota, NJ affordable?

Bogota is above average in cost of living, with an index of 145 — about 45% higher than the national average.

What is the weather like in Bogota?

Bogota has average high temperatures of 64.0°F and average lows of 46.7°F. Annual precipitation is 46.3". Data from NOAA 1991–2020 Climate Normals.

Bogota at a Glance

Population
9,110
Median Income
$107,321
Home Value
$443,400
Median Rent
$1,893/mo
Unemployment
8.0%
Avg High Temp
64.0°F
Sales Tax
6.6%
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