Cost of Living in Lodi, NJ
Population 26,082 · Census ACS 2020–2024 5-year estimates
The median rent in Lodi, NJ is $1,714/month, about the same as the New Jersey median and 21% higher than the U.S. median. The median home value is $475,000, 43% higher than the national median. Households earn a median of $89,305 a year, 14% lower than the state median.
Affordability
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Lodi vs. New Jersey vs. U.S.
| Lodi | New Jersey | U.S. | |
|---|---|---|---|
| Median rent | $1,714 | $1,720 | $1,413 |
| Median home value | $475,000 | $454,400 | $332,700 |
| Median household income | $89,305 | $103,556 | $80,734 |
| Homeownership rate | 42.4% | 63.8% | 65.2% |
| Bachelor's degree or higher | 29.6% | 43.6% | 35.7% |
| Poverty rate | 15.4% | 9.7% | 12.5% |
| Unemployment rate | 7.0% | 6.3% | 5.2% |
| Work from home | 7.8% | 16.8% | 15.1% |
| Median age | 41.1 | 40.1 | 38.9 |
FAQ
What is the average rent in Lodi, NJ?
The median gross rent in Lodi, NJ is $1,714 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Lodi, NJ?
Using the common 30% rule, renting a median-priced home takes about $68,560 a year in gross income.
Is Lodi, NJ expensive to live in?
Rent there is 21% higher than the U.S. median, and the median home costs about 5.3 times the median household income.
Other cities in New Jersey
Cities with a similar cost of living
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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