States › New Jersey › Glen Ridge

Is Glen Ridge, NJ expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,01072% higher than U.S. average
💵 Families earn per year (2026)$250,000+about $20,833/month · 187% higher than U.S. average
🔑 House price$836,600151% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are long, about 35.8 minutes each way. Most homes (91.1%) are owned, so rentals can be hard to find. It is a highly educated city: 81.4% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $120,400 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 252 of 291 cities from cheapest to most expensive.

Glen Ridge
$3,010
Dayton
$2,426
Basking Ridge
$602
Bernardsville
$2,535
Dunellen
$2,025
Fort Dix
$2,710
Pomona
$1,194

How much do households earn in Glen Ridge?

Under $25k
1.7%
$25k–50k
3.3%
$50k–100k
10.3%
$100k–150k
18.8%
$150k+
64.7%

Share of households by yearly income. 83.5% of households earn $100,000 or more.

How expensive is Glen Ridge 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 Glen Ridge, so the New Jersey figure is shown.

Taxes and bills in Glen Ridge

🏛️ Property tax$10,000+a year · 1.20% of home value · U.S. $3,119
⚡ Electric bill$248a month (typical) · U.S. $156

Life in Glen Ridge

Commute to work35.8 minU.S.: 26.4 min
College degree81.4%U.S.: 35.7%
Own their home91.1%U.S.: 65.2%
Below poverty line1.1%U.S.: 12.5%
Unemployment7.6%U.S.: 5.2%

Is it cheaper to rent or buy in Glen Ridge?

Renting is cheaper right now: about $2,795 a month less.

Renting
$3,010
Owning
$5,805

Owning assumes a typical $836,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $83,660 for the down payment.

Frequently asked questions

What is the average rent in Glen Ridge, NJ?

Renting in Glen Ridge costs a median of about $3,010 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Glen Ridge?

To keep rent under 30% of income, you need about $120,400 a year, or $58 an hour at a full-time job.

Is Glen Ridge cheap or expensive?

Glen Ridge is rated Cheap: rent takes 14.4% of the typical household income of $250,000+. It ranks 252nd cheapest of 291 New Jersey cities we track.

How much are property taxes in Glen Ridge?

The median homeowner in Glen Ridge pays $10,000+ a year in property taxes, about 1.20% of the median home value.

Is Glen Ridge 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 Glen Ridge?

The median home value in Glen Ridge is $836,600, about 3.3 times the typical yearly household income.

7,943 people live in Glen Ridge. Numbers are typical (middle) values.