Cost of Living in Northfield, NJ

Population 8,427 · New Jersey · Data vintage 2023

102
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Northfield a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $276,000. The labor market has been unusually tight, with unemployment around 2.8% — below most comparable cities in the state.

Northfield is about 55 miles southeast of Philadelphia, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 19% higher than Philadelphia's $232,000.

Cost Overview

Housing 90
Rent 118

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

About the Cost of Living in Northfield

The median home value in Northfield is $275,900 — 10% below the national median of $305,000. Median rent runs $1,554/month, 18% higher than the national median of $1,314/month. The median household income of $104,042/year is 40% higher than the US median of $74,580. The local unemployment rate is 2.8%, below 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 65.1°F and lows of 45.1°F, with about 17.4" of annual snowfall. Overall, Northfield has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.

🏠 Housing

Median Home Value
$275,900
10% below avg
Zillow Home Value
$123,311
Zillow ZHVI
Median Rent
$1,554/mo
18% above avg
Price-to-Rent Ratio
14.8x
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 87.8%
Renter-occupied 12.2%

💰 Estimated Monthly Budget

Rent median rent
$1,554
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,168/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
24.4 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.3%

Commute Mode

Drove alone
81.2%
Carpooled
3.8%
Public transit
1.3%
Walked
0.9%
Bicycle
0.8%
Work from home
7.3%

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
$104,042
40% above avg
Per Capita Income
$56,184
Unemployment Rate
2.8%
42% below avg
Poverty Rate
4.4%
Labor Force Participation
65.8%

🎓 Education

Bachelor's degree+ 28.2%
Graduate degree 17.7%

👥 Demographics

Median Age 44.7
Male median age 42.4
Female median age 48.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.1°F
Avg Low
45.1°F
Annual Precip
46"
Annual Snowfall
17.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434653637382878579685748
Low °F 252633425161676558463729
Precip" 3.383.234.523.323.343.584.474.593.554.143.374.47
Snow" 5.75.92.20.30.00.00.00.00.00.00.13.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
74%
Good air days/yr
265
Max AQI recorded
223
PM2.5 days
142
Ozone days

Frequently Asked Questions

What is the cost of living in Northfield, NJ?

Northfield has a cost index of 102 (100 = national average). It is 2% above the national average.

What is average rent in Northfield, NJ?

The median gross rent in Northfield is $1,554 per month based on 2023 Census data.

What is the average home price in Northfield?

The median home value in Northfield is $275,900 according to Zillow and Census data.

What is the median income in Northfield?

The median household income in Northfield is $104,042 per year (2023 ACS 5-year estimates).

What is the sales tax in Northfield, NJ?

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

Is Northfield, NJ affordable?

Northfield is near the national average in terms of cost of living, with an index of 102 (100 = US average).

What is the weather like in Northfield?

Northfield has average high temperatures of 65.1°F and average lows of 45.1°F. Annual precipitation is 46". Average annual snowfall is 17.4". Data from NOAA 1991–2020 Climate Normals.

Northfield at a Glance

Population
8,427
Median Income
$104,042
Home Value
$275,900
Median Rent
$1,554/mo
Unemployment
2.8%
Avg High Temp
65.1°F
Sales Tax
6.6%
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Explore county-level cost of living data

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