Cost of Living in Hudson County, New Jersey

$1,811/mo
Median Monthly Rent
$508,600
Median Home Value
15% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,811/mo
15% above state average
Median Home Value
$508,600
80% above national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Hudson County Compares

Median monthly rent comparison

Hudson County$1,811/mo
New Jersey Average$1,577/mo
National Median$1,163/mo

Detailed Housing Stats

$1,811/mo
Median Gross Rent
$508,600
Median Home Value
$2,523/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hudson County, New Jersey

Hudson rents eat 24% of income

Hudson County residents spend 24.1% of their median household income on rent, well above the national average of roughly 28% for renters. With a median income of $90,032 and median rent of $1,811 per month, Hudson sits in a tighter squeeze than many parts of the country—paycheck stretched by coastal proximity and transit access.

Hudson ranks in top half statewide

Hudson's 24.1% rent-to-income ratio exceeds New Jersey's state average of 19.1%, placing it among the less affordable counties in the state. While the county's median rent of $1,811 is $234 above the state average, its higher median income of $90,032 provides some cushion compared to lower-earning regions.

Pricier than Passaic, cheaper than Morris

Hudson's $1,811 median rent sits between Passaic County's more affordable $1,553 and Morris County's steeper $1,860. However, Hudson residents earn less than counterparts in Morris ($134,929) or Monmouth ($122,727), making the same or higher rents stretch thinner.

Renters feel the squeeze

Renters pay $1,811 monthly while homeowners face $2,523, leaving renters with relatively lower absolute costs but a steeper affordability burden. The typical Hudson household earning $90,032 annually dedicates nearly a quarter of gross income to housing, limiting options for savings, transit, or childcare.

Consider your housing choice carefully

If you're relocating to the Hudson area, test both renting and owning scenarios against your income—renters face the state's tighter affordability squeeze. Nearby Mercer County offers a 18.9% rent-to-income ratio and lower median rent ($1,515), worth exploring if you're flexible on location.

Affordability Calculator

See how your income compares to housing costs in Hudson County

$

Rent Burden

24.1%

of gross income

Max Housing (28% Rule)

$2,101

per month

Owner Cost Burden

33.6%

of gross income

The median home in Hudson County may be a stretch

Median home value is $508,600. Estimated monthly cost: $4,060 vs. your max of $2,101.

Rent Affordability Guide

Your rent-to-income ratio24.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hudson County, New Jersey?
Hudson County, New Jersey has a median monthly rent of $1,811/mo and a median home value of $508,600. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Hudson County?
The median gross rent in Hudson County is $1,811/mo. This is 15% above state average for New Jersey.
Is Hudson County affordable?
Hudson County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hudson County's rent compare to the state average?
Hudson County's median rent of $1,811/mo is 15% above state average of $1,577/mo for New Jersey.
What is the median home value in Hudson County?
The median home value in Hudson County, New Jersey is $508,600. This is 80% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.