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Cost of Living in Roselle, NJ

Population 22,646 · Census ACS 2020–2024 5-year estimates

Median rent$1,567
Median home value$379,900
Median household income$92,762

The median rent in Roselle, NJ is $1,567/month, 9% lower than the New Jersey median and 11% higher than the U.S. median. The median home value is $379,900, 14% higher than the national median. Households earn a median of $92,762 a year, 10% lower than the state median.

Affordability

Rent as a share of median income: 20.3%
Income needed for median rent (30% rule): $62,680/yr
Home price-to-income ratio: 4.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,921/mo

Run your own numbers: mortgage calculator · hourly to salary

Roselle vs. New Jersey vs. U.S.

RoselleNew JerseyU.S.
Median rent$1,567$1,720$1,413
Median home value$379,900$454,400$332,700
Median household income$92,762$103,556$80,734
Homeownership rate54.7%63.8%65.2%
Bachelor's degree or higher27.1%43.6%35.7%
Poverty rate9.5%9.7%12.5%
Unemployment rate8.0%6.3%5.2%
Work from home10.3%16.8%15.1%
Median age39.440.138.9

FAQ

What is the average rent in Roselle, NJ?

The median gross rent in Roselle, NJ is $1,567 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $62,680 a year in gross income.

Is Roselle, NJ expensive to live in?

Rent there is 11% higher than the U.S. median, and the median home costs about 4.1 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

Suffolk, VARent $1,563 · Income $92,666Bloomington, MNRent $1,561 · Income $93,211Derry, NHRent $1,549 · Income $91,673Aurora, ILRent $1,596 · Income $93,633Hanover Park, ILRent $1,594 · Income $91,763Wheat Ridge, CORent $1,579 · Income $90,564

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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