salaryRent is higher than in 66% of U.S. cities. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 3.4 years of household income. Most homes (92.8%) are owned, so rentals can be hard to find. It is a highly educated city: 63.3% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $77,840 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other New Jersey cities?
Yes. Rent here is cheaper than in most of New Jersey. It is number 83 of 291 cities from cheapest to most expensive.
How much do households earn in Hillsdale?
Share of households by yearly income. 68.9% of households earn $100,000 or more.
Rent by apartment size in Hillsdale
| Size | Hillsdale | U.S. average |
|---|---|---|
| 1 bedroom | $1,250 | $1,324 |
| 2 bedrooms | $2,387 | $1,509 |
| 3 bedrooms | $2,896 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hillsdale 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 Hillsdale, so the New Jersey figure is shown.
Taxes and bills in Hillsdale
Life in Hillsdale
Is it cheaper to rent or buy in Hillsdale?
Renting is cheaper right now: about $2,755 a month less.
Owning assumes a typical $677,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $67,750 for the down payment.
Frequently asked questions
What is the average rent in Hillsdale, NJ?
Renting in Hillsdale costs a median of about $1,946 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Hillsdale?
To keep rent under 30% of income, you need about $77,840 a year, or $37 an hour at a full-time job.
Is Hillsdale cheap or expensive?
Hillsdale is rated Cheap: rent takes 11.6% of the typical household income of $201,343. It ranks 83rd cheapest of 291 New Jersey cities we track.
How much are property taxes in Hillsdale?
The median homeowner in Hillsdale pays $10,000+ a year in property taxes, about 1.48% of the median home value.
Is Hillsdale 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 Hillsdale?
The median home value in Hillsdale is $677,500, about 3.4 times the typical yearly household income.
10,144 people live in Hillsdale. Numbers are typical (middle) values.