salaryRent is higher than in 84% of U.S. cities. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 3.0 years of household income. Commutes are long, about 34.3 minutes each way. Most homes (88%) are owned, so rentals can be hard to find. It is a highly educated city: 70.5% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $97,040 a year. That is $47 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 179 of 291 cities from cheapest to most expensive.
How much do households earn in Dayton?
Share of households by yearly income. 67.6% of households earn $100,000 or more.
Rent by apartment size in Dayton
| Size | Dayton | U.S. average |
|---|---|---|
| 2 bedrooms | $2,410 | $1,509 |
| 3 bedrooms | $3,019 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Dayton 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 Dayton, so the New Jersey figure is shown.
Taxes and bills in Dayton
Life in Dayton
Is it cheaper to rent or buy in Dayton?
Renting is cheaper right now: about $1,020 a month less.
Owning assumes a typical $496,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,660 for the down payment.
Frequently asked questions
What is the average rent in Dayton, NJ?
Renting in Dayton costs a median of about $2,426 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Dayton?
To keep rent under 30% of income, you need about $97,040 a year, or $47 an hour at a full-time job.
Is Dayton cheap or expensive?
Dayton is rated Cheap: rent takes 17.8% of the typical household income of $163,826. It ranks 179th cheapest of 291 New Jersey cities we track.
How much are property taxes in Dayton?
The median homeowner in Dayton pays $9,399 a year in property taxes, about 1.89% of the median home value.
Is Dayton 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 Dayton?
The median home value in Dayton is $496,600, about 3.0 times the typical yearly household income.
7,952 people live in Dayton. Numbers are typical (middle) values.