The 10 Cheapest Places To Live In New Jersey For 2022


We used data and science to determine which places in New Jersey go easy on your wallet.

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You may end up landing your dream job, but the income might not be what it takes to live near the job. What do you do? Reduce your cost of living, of course.

Every state has affordable areas, but New Jersey is one that offers some substantially cheaper cities than some of the surrounding states, ahem, New York.

But what is good about Jersey? It is actually a great place to start your career.and your savings account.

New Jersey is known for its food. Specifically, this Garden State has some amazing blueberries and corn. If fresh produce isn’t your thing, don’t worry because New Jersey is also known as the Diner Capital of the World. You can start your day with a nice coffee and a bagel.

New Jersey is also close to major urban centers, especially New York City. If you want to work and spend your weekends enjoying the New York City high-life, but don’t want to spend a killing on rent, then New Jersey will soon be called your home.

Interested yet? We know we love a good “Taylor Ham” pork roll on the way to NYC.

The 10 Most Affordable Places To Live In New Jersey

  1. Clayton
  2. Stratford
  3. Somerdale
  4. Barrington
  5. Audubon
  6. Runnemede
  7. Berlin
  8. Pine Hill
  9. Haddon Heights
  10. Millville

We looked at several factors to create our top ten list, which included income to rent/house price ratios. This way, you will know where the cost of living is the lowest so your income will go the farthest.

What’s the cheapest place to live in New Jersey? Topping our list comes Clayton, a city right over the Pennsylvania-New Jersey border near Philly. You can live in New Jersey and work in Philadelphia: a great option for both your career and your savings.

Other dollar-saving cities in New Jersey include Stratford and Barrington. All in all, these cities on our list have one thing in common, which is their ability to give you great savings on rent. or even houses.

Interested to learn more about our methodology? Read on to learn how we crunched the numbers and to see how your favorite city in New Jersey stacked up on the affordability ranking.

And if you already knew these places were cheap, check out some more reading about New Jersey and the cheapest places in the country:

The 10 Cheapest Places To Live In New Jersey For 2022

A south Jersey borough of 8,688, Clayton ranks as the state’s first least expensive place to call home. There’s plenty to keep you occupied on a budget in Clayton, like Scotland Run Park and the continuous stream community-organized events.

Clayton is also quite close to Philadelphia, so if you’re craving some big-city amenities, you don’t have to go far.

Clayton also has incredibly safe streets, which has contributed to a significant increase in property values in recent years. The overall cost of living in Clayton is much cheaper than most of New Jersey, especially in terms of housing.

The median home price in Clayton is $208,100, which is a piece of cake for residents earning a median household income of $92,824. The median rent in Clayton is $963 – 22% cheaper than the New Jersey average.

Overall SnackAbility

6
/10

Population: 8,688
Rank Last Year: 9 (Up 8)
Home Price To Income Ratio: 2.2x (3rd most affordable)
Income To Rent Ratio: 96.4x (140th cheapest)
More On Clayton: Real Estate | Crime Rate | Cost Of Living

Clayton, NJ

If you want to live the high life in New Jersey without spending big bucks, there’s few better than Stratford. The Camden County borough has the fifth lowest ratio of home price to income in the state, so you won’t feel like you’re living in one of the most expensive states in America if you move to Stratford. At $180,900, Stratford has one of the lowest median home prices on this list, and Stratford residents earn a median income of $78,309, so there’s no problem paying the mortgage off. Stratford also scored a 8/10 or higher on almost all of our Snackability scores, so it’s an all-around great place to call home.

Stratford is located a half hour southeast of Philadelphia.

Overall SnackAbility

6
/10

Population: 6,968
Rank Last Year: 2 (No Change)
Home Price To Income Ratio: 2.3x (5th most affordable)
Income To Rent Ratio: 80.7x (162nd cheapest)
More On Stratford: Real Estate | Crime Rate | Cost Of Living

Stratford, NJ

Somerdale is the third most affordable place in New Jersey thanks to a combination of low home prices and well-paid residents. Folks in Somerdale pay a median price of $178,000 for homes and earn a median income of $73,498, giving Somerdale the ninth lowest ratio of home price to income in the state. Rent in Somerdale is slightly cheaper than the top two cities on this list at $895, but taken as a proportion of income, renting in Somerdale is less cost effective than buying. Hiking at Kirkwood Lake is free, so nature-lovers won’t have to break out their wallets to have a good time in Somerdale.

In what’s becoming a pattern, Somerdale is also in Camden County, within a half hour of Philadelphia.

Overall SnackAbility

8
/10

Population: 5,479
Rank Last Year: 1 (Down 2)
Home Price To Income Ratio: 2.4x (9th most affordable)
Income To Rent Ratio: 82.1x (159th cheapest)
More On Somerdale: Real Estate | Crime Rate | Cost Of Living

Somerdale, NJ

Another Camden County suburb of Philadelphia, Barrington ranks as the fourth cheapest place to live in New Jersey. Buying a home in Barrington will set you back $189,400, but residents also earn a median income of $78,708, so you’ll be able to pay off that mortgage before the new-house smell has time to wear off. If you’re into fishing, you can cut down on your entertainment and grocery budget by casting your line out at the nearby Haddon Lake.

Overall SnackAbility

6
/10

Population: 6,678
Rank Last Year: 4 (No Change)
Home Price To Income Ratio: 2.4x (8th most affordable)
Income To Rent Ratio: 74.6x (104th cheapest)
More On Barrington: Real Estate | Crime Rate | Cost Of Living

Barrington, NJ

Audubon is another Philadelphia suburb that won’t break the wallet, let alone the bank. With a median rent of $1,094 and a median home price of $223,200, housing in Audubon is slightly pricier than in Stratford. However, Audubon residents also earn slightly more, with a median income of $90,335. That gives Audubon the 12th best ratio of home price to income in New Jersey. If you’re trying to stretch your cash even further, hanging out at Cooper River Park won’t cost you a thing.

Overall SnackAbility

6
/10

Population: 8,656
Rank Last Year: 3 (Down 2)
Home Price To Income Ratio: 2.5x (12th most affordable)
Income To Rent Ratio: 82.6x (28th cheapest)
More On Audubon: Real Estate | Crime Rate | Cost Of Living

Audubon, NJ

Source: Public domain

Yet another Camden County suburb of Philadelphia, Runnemede is the sixth most affordable place in New Jersey. At a median price of $163,000, Runnemede has the second cheapest homes you’ll see on this list. Runnemede residents earn a median income of $71,495, giving the borough the fourth best ratio of home price to income in the state. Having a picnic and watching the sun set over Big Timber Creek at Runnemede Lake Park is an always-accessible cheap option for a date night.

Overall SnackAbility

8.5
/10

Population: 8,307
Rank Last Year: 6 (No Change)
Home Price To Income Ratio: 2.3x (4th most affordable)
Income To Rent Ratio: 70.5x (32nd cheapest)
More On Runnemede: Real Estate | Crime Rate | Cost Of Living

Runnemede, NJ

Source: Public domain

Despite having some of the most expensive housing on this list, Berlin ranks as the seventh cheapest city in New Jersey. The median rent in Berlin is $1,313, which is the highest you’ll see on this list. However, that’s still about 70% cheaper than the average rent in New Jersey. Berlin residents also earn enough to easily cover their housing, with a median income of $96,065. If you’re buying in Berlin, the median home price is $238,300, which may seem steep, but still represents the 13th lowest home price to income ratio in New Jersey.

Berlin is located about 20 miles southeast of Philadelphia.

Overall SnackAbility

6
/10

Population: 7,543
Rank Last Year: 5 (Down 2)
Home Price To Income Ratio: 2.5x (13th most affordable)
Income To Rent Ratio: 73.2x (14th cheapest)
More On Berlin: Real Estate | Crime Rate | Cost Of Living

Berlin, NJ

Source: Public domain

A suburb of Philadelphia, located about 20 miles southeast and across the river, is Pine Hill our eighth cheapest place to live in new jersey for 2022. Some the main attractions in town include great parks and a wonderful golf course – Pine Valley Golf Club. For those who like to take in a museum or two, Philadelphia is less than 30 minutes away for a day trip with the family.

When it comes to cost of living, it’s hard to beat Pine Hill. The overall cost of living is 20% lower than the state average and housing prices are about as low as you’ll find in the Garden State. Pine Hill has the eighth cheapest homes and 12th cheapest rent anywhere in new jersey. The median home price in Pine Hill is $135,000, while you can find a place to rent for just $1,014.

Overall SnackAbility

7
/10

Population: 10,418
Rank Last Year: 14 (Up 6)
Home Price To Income Ratio: 2.2x (2nd most affordable)
Income To Rent Ratio: 60.2x (17cheapest)
More On Pine Hill: Real Estate | Crime Rate | Cost Of Living

Pine Hill, NJ

Haddon Heights is the ninth cheapest place in New Jersey and the only place on this list to get a perfect 10/10 on our overall Snackability score. While rent in New Jersey may be 20% more than the national average, you wouldn’t know it in Haddon Heights, where the median rent is $1,095, less than half the statewide average. With residents earning a median income of $97,955, Haddon Heights has the 15th best rent to income ratio in the state. At $284,300, Haddon Heights has the most expensive median home price on this list, but because of the high median income, it’s still fairly affordable to buy here.

Haddon Heights is located in — you guessed it — Camden County, about 20 minutes outside of Philadelphia.

Overall SnackAbility

9.5
/10

Population: 7,520
Rank Last Year: 7 (Down 2)
Home Price To Income Ratio: 2.9x (30th most affordable)
Income To Rent Ratio: 89.5x (10cheapest)
More On Haddon Heights: Real Estate | Crime Rate | Cost Of Living

Haddon Heights, NJ

Millville is a city in Cumberland County, New Jersey, United States. As of the 2010 United States Census, the city’s population was 28,400, reflecting an increase of 1,553 from the 26,847 counted in the 2000 Census, which had in turn increased by 855 from the 25,992 counted in the 1990 Census. Millville, Bridgeton and Vineland are the three principal New Jersey cities of the Vineland-Millville-Bridgeton Primary Metropolitan Statistical Area which encompasses those cities and all of Cumberland County for statistical purposes.

Overall SnackAbility

4
/10

Population: 27,485
Rank Last Year: 15 (Up 5)
Home Price To Income Ratio: 2.6x (16th most affordable)
Income To Rent Ratio: 63.0x (174th cheapest)
More On Millville: Real Estate | Crime Rate | Cost Of Living

Millville, NJ

Cheapest Places To Live In New Jersey FAQs

What county in New Jersey has the lowest cost of living?

The county in New Jersey with the lowest cost of living is Salem County. The average living wage in Salem County is $100,920 according to MIT data. Salem County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to New Jersey as a whole. Childcare costs $18,832 a year in Salem County for two children compared to the New Jersey average of $24,713. Housing costs, defined as a blend of the average rent and average mortgage payment, are $15,120 per year in Salem County compared to $19,486 on average in New Jersey.

What is the cost of living in New Jersey?

The cost of living in New Jersey is 25.5% higher than the US average. According to MIT, the required living wage for a family of four with two working parents in New Jersey is $112,597 vs the national average for a family of four with two working parents of $89,744. The median income of a New Jersey household is $85,245.

What is the cheapest housing market in New Jersey?

The cheapest housing market in New Jersey is Camden. The average home value in Camden is $82,500, the lowest in the state. The average home value in New Jersey is $343,500, almost 4.2 times higher than Camden.

Methodology: How We Determined The Most Affordable Places To Live In The Garden State For 2022

Map Of The Cheapest Places To Live In New Jersey
The two most important things to think about when it comes to being able to afford if you can live comes down to:

  1. How much do money do I make?
  2. How much do I have spend to live there?

You need to understand your costs in the context of how much money you make.

For example, if the median household earns $100,000 and spends $40,000 on housing it’s actually cheaper to live there than a place with a median income of $50,000 and housing costs of $21,000. You might spend more on housing, but you have more money overall to play with.

With that example in mind, we derived several statistics from the latest Census American Community Survey 2016-2020 around incomes and costs. They are:

  • Median Home Price / Median Income (lower is better)
  • Median Income / Median Rent (Higher is better)
  • Median Home Price

We added simply median home price because high home prices generally correlate with higher expenses for all costs related to homes (heating, electricity, etc).

You can then compare these metrics in each of the places in New Jersey to figure out which is the least expensive.

What you are left with is a “Cost of Living Index” by taking the average rank of each of these metrics for each city.

So we used that cost of living index in order to rank all of the 185 places in New Jersey that have more than 5,000 people.

The place with the lowest cost of living in New Jersey according to the data is Clayton. You can download the data here.

Summary: There You Have It Mr. Or Mrs. New Jersey Cheapskate

If you’re looking at the cost of living numbers in New Jersey, this is an accurate list of the most affordable places to live in New Jersey for 2022.

Here’s a look at the most expensive cities in New Jersey according to the data:

  1. Englewood Cliffs
  2. Mountainside
  3. Palisades Park

For more New Jersey reading, check out:

The Most Affordable Places To Live In New Jersey

Rank City CheapScore Population Home/Income Ratio Income/Rent Ratio
1 Clayton 12.0 8,688 2.2x 96.4x
2 Stratford 16.67 6,968 2.3x 80.7x
3 Somerdale 17.33 5,479 2.4x 82.1x
4 Barrington 21.33 6,678 2.4x 74.6x
5 Audubon 21.33 8,656 2.5x 82.6x
6 Runnemede 22.0 8,307 2.3x 70.5x
7 Berlin 29.67 7,543 2.5x 73.2x
8 Pine Hill 33.0 10,418 2.2x 60.2x
9 Haddon Heights 33.83 7,520 2.9x 89.5x
10 Millville 35.67 27,485 2.6x 63.0x
11 Pitman 36.67 8,785 2.4x 61.9x
12 Northfield 37.67 8,088 2.7x 67.2x
13 Linwood 38.0 6,719 2.4x 70.8x
14 Union Beach 38.0 5,362 2.7x 78.4x
15 Hopatcong 39.0 14,228 2.5x 64.9x
16 Burlington 39.33 9,845 2.5x 59.9x
17 Jamesburg 39.67 5,876 3.2x 76.6x
18 Bellmawr 42.0 11,375 2.8x 61.5x
19 Gloucester City 44.33 11,229 2.2x 54.2x
20 Woodbury 44.67 9,839 2.7x 58.5x
21 Phillipsburg 46.0 14,303 2.6x 56.2x
22 Spotswood 48.33 8,255 3.6x 89.3x
23 Washington 50.67 6,475 3.1x 59.3x
24 Palmyra 54.33 7,162 2.4x 50.3x
25 Mil 57.33 6,973 3.2x 68.0x
26 Keansburg 58.0 9,697 2.7x 52.2x
27 Pompton Lakes 58.67 10,998 3.3x 67.8x
28 Newton 58.67 7,935 3.3x 58.1x
29 Hackett 59.33 9,440 3.6x 66.3x
30 Hight 59.67 5,334 3.3x 62.9x
31 Vineland 60.0 59,405 3.1x 52.4x
32 Fanwood 60.33 7,686 2.9x 92.0x
33 Matawan 60.67 8,696 3.2x 68.8x
34 Paulsboro 61.67 5,881 2.8x 45.4x
35 Ringwood 62.0 12,229 2.9x 67.6x
36 Lindenwold 62.33 17,288 2.7x 44.3x
37 Glassboro 62.33 20,069 2.9x 52.5x
38 Hammonton 63.0 14,046 3.4x 57.9x
39 Bogota 63.33 8,375 3.4x 67.2x
40 Somers Point 65.67 10,250 3.5x 55.2x
41 Trenton 65.67 83,387 2.6x 34.1x
42 Rahway 65.67 29,691 3.6x 60.9x
43 Glen Ridge 66.0 7,583 3.1x 120.1x
44 Absecon 66.33 8,471 2.8x 47.1x
45 Oakland 66.33 12,953 3.4x 86.9x
46 Dumont 66.33 17,598 3.6x 79.2x
47 South Plainfield 66.67 23,961 3.3x 64.6x
48 Butler 67.0 7,669 3.7x 76.9x
49 Beachwood 67.33 11,274 2.9x 49.7x
50 Dunellen 67.67 7,215 3.7x 64.1x
51 Haddonfield 68.0 11,342 3.5x 114.7x
52 Lincoln Park 68.67 10,220 3.4x 64.2x
53 Bridgeton 69.67 24,264 2.8x 34.0x
54 Metuchen 69.83 14,289 3.4x 80.0x
55 Roselle 70.0 21,699 3.5x 54.8x
56 Roselle Park 70.33 13,574 3.7x 62.2x
57 Wanaque 70.33 11,719 3.3x 58.8x
58 Camden 70.67 73,742 2.9x 30.5x
59 Bergenfield 70.83 27,375 3.6x 72.3x
60 Hillsdale 72.33 10,317 3.6x 117.5x
61 Pleasantville 72.67 20,226 3.1x 37.1x
62 Collingswood 73.0 13,882 3.9x 59.1x
63 Fair Lawn 74.0 32,986 3.4x 71.2x
64 North Plainfield 75.0 21,445 3.6x 55.5x
65 Sayreville 77.33 44,243 3.8x 61.2x
66 Totowa 77.67 10,810 3.8x 71.9x
67 Waldwick 78.5 10,051 3.6x 74.0x
68 Bloomingdale 78.67 8,080 3.3x 54.2x
69 Wood-Ridge 78.67 9,016 3.7x 74.3x
70 Middlesex 81.0 13,606 3.8x 59.3x
71 Glen Rock 81.67 11,747 3.7x 99.7x
72 Manville 82.0 10,193 3.7x 52.4x
73 Westwood 82.33 11,096 3.6x 69.2x
74 Somerville 82.67 12,139 3.9x 61.0x
75 Ramsey 84.0 14,915 3.9x 90.1x
76 Carlstadt 84.67 6,158 3.9x 70.5x
77 South River 87.0 15,874 4.0x 58.8x
78 South Amboy 87.33 8,868 3.9x 58.7x
79 Haledon 87.67 8,298 3.8x 50.8x
80 Montvale 87.67 8,538 3.9x 87.2x
81 Carteret 88.0 23,501 3.7x 50.1x
82 Hawthorne 89.0 18,762 4.0x 69.8x
83 Linden 89.0 42,332 3.9x 55.1x
84 Mount Arlington 89.67 5,751 3.4x 48.6x
85 Park Ridge 89.67 8,721 4.2x 96.0x
86 Kenilworth 90.0 8,182 3.7x 58.1x
87 River Edge 90.33 11,510 4.1x 80.2x
88 Bernardsville 91.33 7,641 4.1x 93.9x
89 Rockaway 91.33 6,345 4.0x 58.9x
90 Chatham 92.33 8,729 4.0x 110.2x
91 Bound Brook 92.33 10,254 3.9x 47.7x
92 Secaucus 93.67 20,667 3.8x 65.6x
93 Midland Park 94.0 7,230 4.1x 73.2x
94 Wharton 94.0 6,458 3.5x 43.7x
95 Eato 94.67 12,195 4.4x 63.1x
96 New Providence 96.0 13,382 4.2x 83.9x
97 Maywood 96.33 9,626 4.0x 62.3x
98 Kinnelon 98.0 9,988 4.0x 71.4x
99 Woodcliff Lake 98.33 5,836 4.3x 99.8x
100 Ridgewood 99.0 25,110 4.2x 86.8x

How Is The Area In ?

Editor’s Note: We updated this article for 2022. This is our ninth time ranking the cheapest places to live in New Jersey.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.