States › New Jersey › Gloucester City

Is Gloucester City, NJ expensive to live in?

ExpensiveRent takes 42 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,45940% higher than U.S. average
💵 Families earn per year (2026)$70,036about $5,836/month · 20% lower than U.S. average
🔑 House price$190,70043% lower than U.S. average

Rent is higher than in 84% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $98,360 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 183 of 291 cities from cheapest to most expensive.

Gloucester City
$2,459
Ridgefield
$2,639
Greentree
$2,401
Martinsville
$2,395
Hamilton Square
$2,360
Ringwood
$1,931
Bellmawr
$2,018

How much do households earn in Gloucester City?

Under $25k
12.5%
$25k–50k
23.9%
$50k–100k
31.2%
$100k–150k
15.1%
$150k+
8.7%

Share of households by yearly income. 23.7% of households earn $100,000 or more.

Rent by apartment size in Gloucester City

SizeGloucester CityU.S. average
2 bedrooms$1,556$1,509
3 bedrooms$1,898$1,698
4 bedrooms$1,982$2,098

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

How expensive is Gloucester City 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 Gloucester City, so the New Jersey figure is shown.

Taxes and bills in Gloucester City

🏛️ Property tax$6,175a year · 3.24% of home value · U.S. $3,119
⚡ Electric bill$212a month (typical) · U.S. $156

Life in Gloucester City

Commute to work22.7 minU.S.: 26.4 min
College degree19.8%U.S.: 35.7%
Own their home57.2%U.S.: 65.2%
Below poverty line19.5%U.S.: 12.5%
Unemployment5.4%U.S.: 5.2%

Is it cheaper to rent or buy in Gloucester City?

Buying is cheaper month to month: about $1,136 a month less than renting.

Renting
$2,459
Owning
$1,323

Owning assumes a typical $190,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,070 for the down payment.

Frequently asked questions

What is the average rent in Gloucester City, NJ?

Renting in Gloucester City costs a median of about $2,459 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Gloucester City?

To keep rent under 30% of income, you need about $98,360 a year, or $47 an hour at a full-time job.

Is Gloucester City cheap or expensive?

Gloucester City is rated Expensive: rent takes 42.1% of the typical household income of $70,036. It ranks 183rd cheapest of 291 New Jersey cities we track.

How much are property taxes in Gloucester City?

The median homeowner in Gloucester City pays $6,175 a year in property taxes, about 3.24% of the median home value.

Is Gloucester City 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 Gloucester City?

The median home value in Gloucester City is $190,700, about 2.7 times the typical yearly household income.

11,509 people live in Gloucester City. Numbers are typical (middle) values.