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Jersey City, NJ vs Vineland, NJ
A 2-bedroom in Vineland costs $1,090 less per month than Jersey City ($1,673 vs $2,763). Median income is $97,334 in Jersey City and $64,499 in Vineland. That's a difference of $13,080 per year in housing costs.
Side-by-Side Comparison
| Metric | Jersey City | Vineland |
|---|---|---|
| Studio FMR | $2,407 | $1,280 |
| 1BR FMR | $2,458 | $1,375 |
| 2BR FMR | $2,763 | $1,673 |
| 3BR FMR | $3,367 | $2,303 |
| 4BR FMR | $3,955 | $2,311 |
| Median Income | $97,334 | $64,499 |
| Rent Burden | 34.1% | 31.1% |
| Actual Median Rent | $1,780 | $1,254 |
| Median Home Value | $587,400 | $205,600 |
| Population | 19.8M | 153K |
| Renter % | 48.5% | 34.4% |
| Vacancy Rate | 7.9% | 6.8% |
| Poverty Rate | 12.4% | 16.3% |
| YoY Change | +20.2% | - |
| Min Wage | $15.49/hr | $15.49/hr |
Income Required to Afford a 2-Bedroom
Jersey City, NJ
Annual Income Needed
$110,520
Hourly Wage Needed
$53/hr
Min Wage Work Hours/Week
137.2 hrs
at $15.49/hr (NJ min wage)
Vineland, NJ
Annual Income Needed
$66,920
Hourly Wage Needed
$32/hr
Min Wage Work Hours/Week
83.1 hrs
at $15.49/hr (NJ min wage)
Frequently Asked Questions
Vineland, NJ is more affordable with a 2BR FMR of $1,673/mo, which is $1,090 less than Jersey City at $2,763/mo. However, when considering local incomes, Jersey City has a rent burden of 34.1% vs 31.1% in Vineland.
A 2-bedroom in Jersey City, NJ costs $2,763/mo at Fair Market Rent, while in Vineland, NJ it's $1,673/mo, a difference of $1,090/mo or $13,080/year.
To afford a 2BR without spending more than 30% of income on rent: Jersey City requires $110,520/year ($53/hr). Vineland requires $66,920/year ($32/hr).
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