Cost of Living in New Brunswick, NJ
Population: 55,744 • 2026 Data
$60,248
Median Household Income
-22% vs national
$1,790
Median Monthly Rent
+33% vs national
$316,800
Median Home Value
-7% vs national
6.5%
Unemployment Rate
Housing in New Brunswick
The median home value in New Brunswick, NJ is $316,800. Monthly rent for a typical unit averages $1,790, while total monthly housing costs (including utilities and insurance) average $1,791.
Rent-to-income ratio: 35.7%. This exceeds the recommended 30% threshold, indicating housing costs may be a burden for median-income households.
Income and Employment
The median household income in New Brunswick, NJ is $60,248. The unemployment rate stands at 6.5%, with a labor force of 28,869 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.