States › New Jersey › Kinnelon

Is Kinnelon, NJ expensive to live in?

CheapRent takes 15 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,51844% higher than U.S. average
💵 Families earn per year (2026)$202,152about $16,846/month · 132% higher than U.S. average
🔑 House price$706,400112% higher than U.S. average

Rent is higher than in 86% of U.S. cities. Household incomes are higher than in 97% of U.S. cities. A typical house costs about 3.5 years of household income. Commutes are long, about 34.3 minutes each way. Most homes (93.1%) are owned, so rentals can be hard to find. It is a highly educated city: 65.4% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $100,720 a year. That is $48 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 196 of 291 cities from cheapest to most expensive.

Kinnelon
$2,518
$1,899
$1,976
$1,909

How much do households earn in Kinnelon?

Under $25k
2.1%
$25k–50k
5.8%
$50k–100k
24.1%
$100k–150k
19.5%
$150k+
48.4%

Share of households by yearly income. 67.9% of households earn $100,000 or more.

Rent by apartment size in Kinnelon

SizeKinnelonU.S. average
1 bedroom$1,967$1,324
2 bedrooms$2,594$1,509

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

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

Taxes and bills in Kinnelon

🏛️ Property tax$10,000+a year · 1.42% of home value · U.S. $3,119
⚡ Electric bill$135a month (typical) · U.S. $156

Life in Kinnelon

Commute to work34.3 minU.S.: 26.4 min
College degree65.4%U.S.: 35.7%
Own their home93.1%U.S.: 65.2%
Below poverty line2%U.S.: 12.5%
Unemployment8.1%U.S.: 5.2%

Is it cheaper to rent or buy in Kinnelon?

Renting is cheaper right now: about $2,383 a month less.

Renting
$2,518
Owning
$4,901

Owning assumes a typical $706,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $70,640 for the down payment.

Frequently asked questions

What is the average rent in Kinnelon, NJ?

Renting in Kinnelon costs a median of about $2,518 a month in 2026, including utilities. The New Jersey median is $2,240.

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

To keep rent under 30% of income, you need about $100,720 a year, or $48 an hour at a full-time job.

Is Kinnelon cheap or expensive?

Kinnelon is rated Cheap: rent takes 14.9% of the typical household income of $202,152. It ranks 196th cheapest of 291 New Jersey cities we track.

How much are property taxes in Kinnelon?

The median homeowner in Kinnelon pays $10,000+ a year in property taxes, about 1.42% of the median home value.

Is Kinnelon 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 Kinnelon?

The median home value in Kinnelon is $706,400, about 3.5 times the typical yearly household income.

10,013 people live in Kinnelon. Numbers are typical (middle) values.