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Cost of Living in Bergenfield, NJ

Population 28,450 · Census ACS 2020–2024 5-year estimates

Median rent$1,752
Median home value$491,500
Median household income$130,045

The median rent in Bergenfield, NJ is $1,752/month, about the same as the New Jersey median and 24% higher than the U.S. median. The median home value is $491,500, 48% higher than the national median. Households earn a median of $130,045 a year, 26% higher than the state median.

Affordability

Rent as a share of median income: 16.2%
Income needed for median rent (30% rule): $70,080/yr
Home price-to-income ratio: 3.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,485/mo

Run your own numbers: mortgage calculator · hourly to salary

Bergenfield vs. New Jersey vs. U.S.

BergenfieldNew JerseyU.S.
Median rent$1,752$1,720$1,413
Median home value$491,500$454,400$332,700
Median household income$130,045$103,556$80,734
Homeownership rate70.6%63.8%65.2%
Bachelor's degree or higher48.3%43.6%35.7%
Poverty rate7.1%9.7%12.5%
Unemployment rate6.2%6.3%5.2%
Work from home8.8%16.8%15.1%
Median age40.740.138.9

FAQ

What is the average rent in Bergenfield, NJ?

The median gross rent in Bergenfield, NJ is $1,752 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Bergenfield, NJ?

Using the common 30% rule, renting a median-priced home takes about $70,080 a year in gross income.

Is Bergenfield, NJ expensive to live in?

Rent there is 24% higher than the U.S. median, and the median home costs about 3.8 times the median household income.

Other cities in New Jersey

Newark, NJRent $1,392 · Income $52,060Jersey City, NJRent $2,007 · Income $97,710Paterson, NJRent $1,548 · Income $55,997Elizabeth, NJRent $1,523 · Income $66,555Toms River, NJRent $1,731 · Income $100,137Trenton, NJRent $1,294 · Income $52,537

Cities with a similar cost of living

West Hartford, CTRent $1,756 · Income $129,890Farmington, UTRent $1,769 · Income $127,338North Haven, CTRent $1,720 · Income $132,689Sachse, TXRent $1,798 · Income $131,808Mason, OHRent $1,760 · Income $125,401Savage, MNRent $1,766 · Income $125,513

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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