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Cost of Living in Perth Amboy, NJ

Population 55,855 · Census ACS 2020–2024 5-year estimates

Median rent$1,688
Median home value$370,600
Median household income$61,977

The median rent in Perth Amboy, NJ is $1,688/month, about the same as the New Jersey median and 19% higher than the U.S. median. The median home value is $370,600, 11% higher than the national median. Households earn a median of $61,977 a year, 40% lower than the state median.

Affordability

Rent as a share of median income: 32.7%
Income needed for median rent (30% rule): $67,520/yr
Home price-to-income ratio: 6.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,874/mo

Run your own numbers: mortgage calculator · hourly to salary

Perth Amboy vs. New Jersey vs. U.S.

Perth AmboyNew JerseyU.S.
Median rent$1,688$1,720$1,413
Median home value$370,600$454,400$332,700
Median household income$61,977$103,556$80,734
Homeownership rate35.4%63.8%65.2%
Bachelor's degree or higher15.7%43.6%35.7%
Poverty rate20.2%9.7%12.5%
Unemployment rate14.3%6.3%5.2%
Work from home4.8%16.8%15.1%
Median age37.940.138.9

FAQ

What is the average rent in Perth Amboy, NJ?

The median gross rent in Perth Amboy, NJ is $1,688 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $67,520 a year in gross income.

Is Perth Amboy, NJ expensive to live in?

Rent there is 19% higher than the U.S. median, and the median home costs about 6.0 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

Bell Gardens, CARent $1,694 · Income $62,298Palm Springs, FLRent $1,669 · Income $61,739Casselberry, FLRent $1,674 · Income $62,447Banning, CARent $1,650 · Income $61,764Sun City West, AZRent $1,672 · Income $63,685Lawrence, MARent $1,662 · Income $60,433

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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