Cost of Living in The College of New Jersey, NJ
Population 4,103 · New Jersey · Data vintage 2023
(100 = US avg)
With a median age of 20 and an unusually high bachelor's-degree rate of 46%, The College of New Jersey is shaped heavily by its student population. That also means median household incomes of $8,493 skew low — the count includes students — while working-household figures run considerably higher. Unemployment has stayed elevated relative to the national figure — 15.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 25 miles northeast of Philadelphia, The College of New Jersey falls within that metro's commuting orbit. Philadelphia's typical home runs $232,000 for context.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in The College of New Jersey
Median rent runs $1,671/month, 27% higher than the national median of $1,314/month. The median household income of $8,493/year is 89% lower than the US median of $74,580. The local unemployment rate is 15.8%, 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, The College of New Jersey has a cost of living index of 127 versus the US average of 100, meaning it is 27% more expensive.
The College of New Jersey is a campus community
This Census-Designated Place covers the The College of New Jersey campus. Students and staff typically live in surrounding communities — here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 40 | 43 | 51 | 63 | 72 | 81 | 86 | 84 | 77 | 66 | 55 | 44 |
| Low °F | 24 | 26 | 33 | 42 | 52 | 61 | 67 | 65 | 58 | 46 | 36 | 29 |
| Precip" | 3.29 | 2.65 | 4.00 | 3.63 | 3.99 | 4.35 | 4.42 | 4.22 | 4.05 | 3.79 | 3.20 | 4.04 |
| Snow" | 8.2 | 8.7 | 4.0 | 0.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.5 | 4.6 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in The College of New Jersey, NJ?
The College of New Jersey has a cost index of 127 (100 = national average). It is 27% above the national average.
What is average rent in The College of New Jersey, NJ?
The median gross rent in The College of New Jersey is $1,671 per month based on 2023 Census data.
What is the median income in The College of New Jersey?
The median household income in The College of New Jersey is $8,493 per year (2023 ACS 5-year estimates).
What is the sales tax in The College of New Jersey, NJ?
The combined state and local sales tax rate in The College of New Jersey is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is The College of New Jersey, NJ affordable?
The College of New Jersey is above average in cost of living, with an index of 127 — about 27% higher than the national average.
What is the weather like in The College of New Jersey?
The College of New Jersey 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.
The College of New Jersey at a Glance
- Population
- 4,103
- Median Income
- $8,493
- Median Rent
- $1,671/mo
- Unemployment
- 15.8%
- Avg High Temp
- 63.4°F
- Sales Tax
- 6.6%
Nearby Cities
Explore county-level cost of living data