Lowest Cost of Living Neighborhoods in New Jersey (2026 Rankings)
Utility costs are a key part of your monthly budget. We ranked 25 neighborhoods in New Jersey by electricity rate as a proxy for overall cost of living. Lower rates mean more money in your pocket.
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $407,800
Median Income: $125,040
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $439,800
Property Tax: $10,001/yr
Median Income: $129,122
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $696,100
Median Income: $233,516
4
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $657,400
Property Tax: $10,001/yr
Median Income: $160,589
5
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $205,500
Property Tax: $10,001/yr
Median Income: $63,468
6
Electricity Rate: 14.88¢/kWh
Median Rent: $1,657/mo
Home Value: $356,000
Median Income: $61,200
7
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $404,000
Property Tax: $10,001/yr
Median Income: $81,307
8
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $356,100
Property Tax: $10,001/yr
Median Income: $92,012
9
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $289,800
Property Tax: $10,001/yr
Median Income: $57,138
10
Electricity Rate: 14.88¢/kWh
Median Rent: $2,134/mo
Home Value: $2,000,001
Median Income: $157,250
11
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $309,500
Property Tax: $10,001/yr
Median Income: $106,330
12
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $282,900
Property Tax: $10,001/yr
Median Income: $58,659
13
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $604,600
Property Tax: $10,001/yr
Median Income: $54,826
14
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $448,000
Property Tax: $10,001/yr
Median Income: $59,967
15
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $191,200
Median Income: $75,425
16
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $357,000
Property Tax: $10,001/yr
Median Income: $86,801
17
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $390,200
Property Tax: $10,001/yr
Median Income: $101,868
18
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $314,100
Property Tax: $10,001/yr
Median Income: $52,092
19
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $428,000
Property Tax: $10,001/yr
Median Income: $94,179
20
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $351,500
Property Tax: $10,001/yr
Median Income: $70,712
21
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $407,000
Property Tax: $10,001/yr
Median Income: $70,141
22
Electricity Rate: 14.88¢/kWh
Median Rent: $1,536/mo
Home Value: $282,100
Median Income: $112,690
23
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $379,800
Property Tax: $10,001/yr
Median Income: $57,832
24
Electricity Rate: 14.88¢/kWh
Median Rent: $1,460/mo
Home Value: $153,100
Median Income: $46,917
25
Electricity Rate: 14.88¢/kWh
Median Rent: $1,625/mo
Home Value: $111,200
Property Tax: $10,001/yr
Median Income: $44,444
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