salaryRent is higher than in 78% of U.S. cities. A typical house costs about 3.7 years of household income. Commutes are long, about 33 minutes each way. Most homes (88.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $90,360 a year. That is $43 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 148 of 291 cities from cheapest to most expensive.
How much do households earn in Colonia?
Share of households by yearly income. 49.9% of households earn $100,000 or more.
Rent by apartment size in Colonia
| Size | Colonia | U.S. average |
|---|---|---|
| 1 bedroom | $1,674 | $1,324 |
| 2 bedrooms | $2,628 | $1,509 |
| 3 bedrooms | $2,509 | $1,698 |
| 4 bedrooms | $2,338 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Colonia 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 Colonia, so the New Jersey figure is shown.
Taxes and bills in Colonia
Life in Colonia
Is it cheaper to rent or buy in Colonia?
Renting is cheaper right now: about $1,162 a month less.
Owning assumes a typical $493,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,310 for the down payment.
Frequently asked questions
What is the average rent in Colonia, NJ?
Renting in Colonia costs a median of about $2,259 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Colonia?
To keep rent under 30% of income, you need about $90,360 a year, or $43 an hour at a full-time job.
Is Colonia cheap or expensive?
Colonia is rated OK: rent takes 20.5% of the typical household income of $132,346. It ranks 148th cheapest of 291 New Jersey cities we track.
How much are property taxes in Colonia?
The median homeowner in Colonia pays $10,000+ a year in property taxes, about 2.03% of the median home value.
Is Colonia 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 Colonia?
The median home value in Colonia is $493,100, about 3.7 times the typical yearly household income.
18,587 people live in Colonia. Numbers are typical (middle) values.