salaryRent here is among the highest 10% in the country. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 4.2 years of household income. Commutes are long, about 33.1 minutes each way. Most homes (81.5%) are owned, so rentals can be hard to find. It is a highly educated city: 66.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $120,080 a year. That is $58 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
No. Rent here is more expensive than in most of New Jersey. It is number 251 of 291 cities from cheapest to most expensive.
How much do households earn in Closter?
Share of households by yearly income. 65.3% of households earn $100,000 or more.
Rent by apartment size in Closter
| Size | Closter | U.S. average |
|---|---|---|
| Studio | $392 | $1,338 |
| 1 bedroom | $1,782 | $1,324 |
| 2 bedrooms | $1,967 | $1,509 |
| 3 bedrooms | $3,628 | $1,698 |
| 4 bedrooms | $3,247 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Closter overall?
Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Closter, so the New Jersey figure is shown.
Taxes and bills in Closter
Life in Closter
Is it cheaper to rent or buy in Closter?
Renting is cheaper right now: about $3,044 a month less.
Owning assumes a typical $871,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $87,130 for the down payment.
Frequently asked questions
What is the average rent in Closter, NJ?
Renting in Closter costs a median of about $3,002 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Closter?
To keep rent under 30% of income, you need about $120,080 a year, or $58 an hour at a full-time job.
Is Closter cheap or expensive?
Closter is rated Cheap: rent takes 17.5% of the typical household income of $205,421. It ranks 251st cheapest of 291 New Jersey cities we track.
How much are property taxes in Closter?
The median homeowner in Closter pays $10,000+ a year in property taxes, about 1.15% of the median home value.
Is Closter more expensive than the national average?
Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Closter?
The median home value in Closter is $871,300, about 4.2 times the typical yearly household income.
8,606 people live in Closter. Numbers are typical (middle) values.