Trenton cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexTrentonNew JerseyNational
Cost of living index100131100
IndexTrentonNew JerseyNational
Goods & Services index112118100
Groceries index110116100
Health care index113111100
Housing index77166100
Transportation index111118100
Utilities index97110100
A general overview of the cost of living index for Trenton, NJ is displayed above. In Trenton, NJ, the overall cost of living index is 100, which is 24% lower than the New Jersey average and equal to the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Trenton, NJ, the city's goods and services are 5% lower than the New Jersey average and 12% higher than the U.S. average.

Did you know?

  • The cost of living in Trenton is 24% lower than the New Jersey average.
  • The cost of living in Trenton is equal to the national average.
  • The cost of housing in Trenton is 23% lower than the national average.
  • New Jersey general sales tax is 37% higher than the national average.
  • New Jersey state income tax is 37% lower than the national average.

Find Real Estate Listings In Trenton


New Real Estate Listings In Trenton

Compare Trenton, NJ Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current income in Trenton, NJ to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Trenton, NJ, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Trenton, NJ salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Trenton, NJ, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Trenton, NJ homeowners have a median income of $60,811. Using that number, you will come up with a maximum of $1,419 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $23,072, which means there is a maximum of $538 to be spent on the costs of renting a home or apartment.

New Jersey Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Jersey7%7%

New Jersey Income Tax

StateIncome Tax (Low)Income Tax (High)
New Jersey1.4%8.97%
When assessing the complete cost of living in Trenton, NJ, the New Jersey income tax and the New Jersey sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New Jersey maximum surtax is 7%, and the New Jersey sales tax is 7%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 1.4% to 8.97% in New Jersey.

Goods & Services

ItemTrentonNational avg.Difference
Haircut $18.00$14.5923.3%
Beauty Salon $32.75$34.685.6%
Toothpaste $1.99$2.4719.5%
Shampoo $1.08$1.025.7%
Movie $11.70$9.8718.6%
Bowling $4.72$4.397.5%


ItemTrentonNational avg.Difference
Ground Beef $4.44$4.480.8%
Fried Chicken $1.97$1.4634.6%
Milk $2.57$2.369.1%
Potatoes $3.39$3.0610.7%
Pizza $8.00$9.2413.4%
Beer $8.79$8.631.8%

Health Care

ItemTrentonNational avg.Difference
Optometrist $102.25$99.782.5%
Doctor $86.25$105.0317.9%
Dentist $119.50$88.7034.7%
Ibuprofen $10.32$9.419.6%
Lipitor $351.24$298.5017.7%


ItemTrentonNational avg.Difference
Home Price $113,100.00$175,700.0035.6%
Avg. Mortgage Payment $1,607.16$1,081.0348.7%
Apartment Rent $991.00$920.007.7%


ItemTrentonNational avg.Difference
Gasoline $2.17$2.093.7%
Tire Balancing $58.80$45.2929.8%


ItemTrentonNational avg.Difference
All Electricity$155.83$170.808.8%
Phone $29.75$28.265.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Beverly, NJ2,5731099%
Burlington, NJ9,86511010%
Roebling, NJ3,86111111%
Bristol, PA9,65711111%
Florence, NJ4,29811414%
Trenton, NJ84,459100-0%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Cicero, IL84,42399-1%
Alhambra, CA84,40014646%
Tracy, CA84,57312222%
Nampa, ID84,66087-13%
Citrus Heights, CA84,67811212%
Trenton, NJ84,459100-0%
Source: The Trenton, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.