Cost of Living in Dayton, NJ

Population 8,241 · New Jersey · Data vintage 2023

153
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Dayton 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 8.2%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 25 miles southwest of Elizabeth, Dayton falls within that metro's commuting orbit. Median home values run roughly 20% higher than Elizabeth's $394,000.

Cost Overview

Housing 155
Rent 150

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

About the Cost of Living in Dayton

The median home value in Dayton is $471,700 — 55% above the national median of $305,000. Median rent runs $1,969/month, 50% higher than the national median of $1,314/month. The median household income of $141,308/year is 89% higher than the US median of $74,580. The local unemployment rate is 8.2%, 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 63.4°F and lows of 44.8°F, with about 26.6" of annual snowfall. Overall, Dayton has a cost of living index of 153 versus the US average of 100, meaning it is 53% more expensive.

🏠 Housing

Median Home Value
$471,700
55% above avg
Zillow Home Value
$140,452
Zillow ZHVI
Median Rent
$1,969/mo
50% above avg
Price-to-Rent Ratio
20.0x
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 84.8%
Renter-occupied 15.2%

💰 Estimated Monthly Budget

Rent median rent
$1,969
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,583/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
38.5 min
43% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.4%

Commute Mode

Drove alone
65.9%
Carpooled
4.9%
Public transit
5.9%
Walked
0.2%
Bicycle
0.3%
Work from home
20.4%

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
$141,308
89% above avg
Per Capita Income
$55,295
Unemployment Rate
8.2%
70% above avg
Poverty Rate
2.2%
Labor Force Participation
71.0%

🎓 Education

Bachelor's degree+ 38.8%
Graduate degree 31.1%

👥 Demographics

Median Age 40.4
Male median age 40.8
Female median age 40.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.4°F
Avg Low
44.8°F
Annual Precip
45.6"
Annual Snowfall
26.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637281868477665544
Low °F 242633425261676558463629
Precip" 3.292.654.003.633.994.354.424.224.053.793.204.04
Snow" 8.28.74.00.50.00.00.00.00.00.10.54.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
62.7%
Good air days/yr
247
Max AQI recorded
194
PM2.5 days
160
Ozone days

Frequently Asked Questions

What is the cost of living in Dayton, NJ?

Dayton has a cost index of 153 (100 = national average). It is 53% above the national average.

What is average rent in Dayton, NJ?

The median gross rent in Dayton is $1,969 per month based on 2023 Census data.

What is the average home price in Dayton?

The median home value in Dayton is $471,700 according to Zillow and Census data.

What is the median income in Dayton?

The median household income in Dayton is $141,308 per year (2023 ACS 5-year estimates).

What is the sales tax in Dayton, NJ?

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

Is Dayton, NJ affordable?

Dayton is above average in cost of living, with an index of 153 — about 53% higher than the national average.

What is the weather like in Dayton?

Dayton has average high temperatures of 63.4°F and average lows of 44.8°F. Annual precipitation is 45.6". Average annual snowfall is 26.6". Data from NOAA 1991–2020 Climate Normals.

Dayton at a Glance

Population
8,241
Median Income
$141,308
Home Value
$471,700
Median Rent
$1,969/mo
Unemployment
8.2%
Avg High Temp
63.4°F
Sales Tax
6.6%
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🗺️ County data for New Jersey

Explore county-level cost of living data

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