States › New Jersey › Dumont

Is Dumont, NJ expensive to live in?

OKRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,29831% higher than U.S. average
💵 Families earn per year (2026)$135,968about $11,331/month · 56% higher than U.S. average
🔑 House price$497,40050% higher than U.S. average

Rent is higher than in 79% of U.S. cities. Household incomes are higher than in 85% of U.S. cities. A typical house costs about 3.7 years of household income. Commutes are long, about 32.9 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $91,920 a year. That is $44 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 157 of 291 cities from cheapest to most expensive.

Dumont
$2,298
$2,218
$2,269
$2,259

How much do households earn in Dumont?

Under $25k
8.0%
$25k–50k
11.3%
$50k–100k
26.1%
$100k–150k
27.0%
$150k+
24.2%

Share of households by yearly income. 51.3% of households earn $100,000 or more.

Rent by apartment size in Dumont

SizeDumontU.S. average
1 bedroom$1,767$1,324
2 bedrooms$2,280$1,509
3 bedrooms$2,440$1,698

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

How expensive is Dumont 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 Dumont, so the New Jersey figure is shown.

Taxes and bills in Dumont

🏛️ Property tax$10,000+a year · 2.01% of home value · U.S. $3,119
⚡ Electric bill$180a month (typical) · U.S. $156

Life in Dumont

Commute to work32.9 minU.S.: 26.4 min
College degree50.3%U.S.: 35.7%
Own their home72.7%U.S.: 65.2%
Below poverty line6.6%U.S.: 12.5%
Unemployment3.7%U.S.: 5.2%

Is it cheaper to rent or buy in Dumont?

Renting is cheaper right now: about $1,153 a month less.

Renting
$2,298
Owning
$3,451

Owning assumes a typical $497,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,740 for the down payment.

Frequently asked questions

What is the average rent in Dumont, NJ?

Renting in Dumont costs a median of about $2,298 a month in 2026, including utilities. The New Jersey median is $2,240.

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

To keep rent under 30% of income, you need about $91,920 a year, or $44 an hour at a full-time job.

Is Dumont cheap or expensive?

Dumont is rated OK: rent takes 20.3% of the typical household income of $135,968. It ranks 157th cheapest of 291 New Jersey cities we track.

How much are property taxes in Dumont?

The median homeowner in Dumont pays $10,000+ a year in property taxes, about 2.01% of the median home value.

Is Dumont 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 Dumont?

The median home value in Dumont is $497,400, about 3.7 times the typical yearly household income.

18,279 people live in Dumont. Numbers are typical (middle) values.