States › New Jersey › Collingswood

Is Collingswood, NJ expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8314% higher than U.S. average
💵 Families earn per year (2026)$97,263about $8,105/month · 12% higher than U.S. average
🔑 House price$380,40014% higher than U.S. average

Rent is higher than in 59% of U.S. cities. A typical house costs about 3.9 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $73,240 a year. That is $35 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

Yes. Rent here is cheaper than in most of New Jersey. It is number 61 of 291 cities from cheapest to most expensive.

Collingswood
$1,831
Westmont
$2,212
Bradley Gardens
$2,946
Roselle Park
$2,020
Cherry Hill Mall
$2,515
Hopatcong
$1,961
Moorestown-Lenola
$2,869

How much do households earn in Collingswood?

Under $25k
13.0%
$25k–50k
12.8%
$50k–100k
33.6%
$100k–150k
19.7%
$150k+
18.2%

Share of households by yearly income. 37.9% of households earn $100,000 or more.

Rent by apartment size in Collingswood

SizeCollingswoodU.S. average
Studio$1,483$1,338
1 bedroom$1,340$1,324
2 bedrooms$1,893$1,509
3 bedrooms$2,275$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Collingswood overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Collingswood, so the New Jersey figure is shown.

Taxes and bills in Collingswood

🏛️ Property tax$9,485a year · 2.49% of home value · U.S. $3,119
⚡ Electric bill$159a month (typical) · U.S. $156

Life in Collingswood

Commute to work26.3 minU.S.: 26.4 min
College degree53.9%U.S.: 35.7%
Own their home57%U.S.: 65.2%
Below poverty line9.5%U.S.: 12.5%
Unemployment5.5%U.S.: 5.2%

Is it cheaper to rent or buy in Collingswood?

Renting is cheaper right now: about $808 a month less.

Renting
$1,831
Owning
$2,639

Owning assumes a typical $380,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,040 for the down payment.

Frequently asked questions

What is the average rent in Collingswood, NJ?

Renting in Collingswood costs a median of about $1,831 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Collingswood?

To keep rent under 30% of income, you need about $73,240 a year, or $35 an hour at a full-time job.

Is Collingswood cheap or expensive?

Collingswood is rated OK: rent takes 22.6% of the typical household income of $97,263. It ranks 61st cheapest of 291 New Jersey cities we track.

How much are property taxes in Collingswood?

The median homeowner in Collingswood pays $9,485 a year in property taxes, about 2.49% of the median home value.

Is Collingswood 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 Collingswood?

The median home value in Collingswood is $380,400, about 3.9 times the typical yearly household income.

14,205 people live in Collingswood. Numbers are typical (middle) values.