Cost of Living in Trenton, NJ

Population 89,966 · New Jersey · Data vintage 2023

61
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $47,102, median household incomes in Trenton land roughly 37% below the US median, a gap that tends to persist across local labor-market indicators. Around 25% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Trenton is about 25 miles northeast of Philadelphia, the nearest large metro. Median home values run roughly 47% lower than Philadelphia's $232,000.

Cost Overview

Housing 40
Rent 93

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

About the Cost of Living in Trenton

The median home value in Trenton is $122,500 — 60% below the national median of $305,000. Median rent runs $1,224/month, 7% lower than the national median of $1,314/month. The median household income of $47,102/year is 37% lower than the US median of $74,580. The local unemployment rate is 10.5%, 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, Trenton has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.

🏠 Housing

Median Home Value
$122,500
60% below avg
Zillow Home Value
$342,789
Zillow ZHVI
Median Rent
$1,224/mo
7% below avg
Zillow Rent
$2,183/mo
Zillow ZORI
Price-to-Rent Ratio
8.3x
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 35.9%
Renter-occupied 64.1%

💰 Estimated Monthly Budget

Rent median rent
$1,224
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,838/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
28.9 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.1%

Commute Mode

Drove alone
57.3%
Carpooled
18.7%
Public transit
7.3%
Walked
4.4%
Bicycle
0.5%
Work from home
6.1%

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
$47,102
37% below avg
Per Capita Income
$28,026
Unemployment Rate
10.5%
118% above avg
Poverty Rate
24.7%
Labor Force Participation
60.0%

🎓 Education

Bachelor's degree+ 11.8%
Graduate degree 4.9%

👥 Demographics

Median Age 35.4
Male median age 36.9
Female median age 33.8

🌤 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 49 — Good
53.2%
Good air days/yr
244
Max AQI recorded
242
PM2.5 days
123
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

64%
4-Year Graduation Rate
16.3:1
Student-teacher ratio
19
Public schools
15,694
Total enrollment

Frequently Asked Questions

What is the cost of living in Trenton, NJ?

Trenton has a cost index of 61 (100 = national average). It is 39% below the national average.

What is average rent in Trenton, NJ?

The median gross rent in Trenton is $1,224 per month based on 2023 Census data.

What is the average home price in Trenton?

The median home value in Trenton is $122,500 according to Zillow and Census data.

What is the median income in Trenton?

The median household income in Trenton is $47,102 per year (2023 ACS 5-year estimates).

What is the sales tax in Trenton, NJ?

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

Is Trenton, NJ affordable?

Yes, Trenton is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.

What is the weather like in Trenton?

Trenton 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.

Trenton at a Glance

Population
89,966
Median Income
$47,102
Home Value
$122,500
Median Rent
$1,224/mo
Unemployment
10.5%
Avg High Temp
63.4°F
Sales Tax
6.6%
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