States › New Jersey › Leonia

Is Leonia, NJ expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,28730% higher than U.S. average
💵 Families earn per year (2026)$139,844about $11,654/month · 61% higher than U.S. average
🔑 House price$672,900102% higher than U.S. average

Rent is higher than in 79% of U.S. cities. Household incomes are higher than in 86% of U.S. cities. A typical house costs about 4.8 years of household income. Commutes are long, about 30.5 minutes each way. It is a highly educated city: 61% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $91,480 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 154 of 291 cities from cheapest to most expensive.

Leonia
$2,287
$2,872
$2,810
$3,724
$3,262

How much do households earn in Leonia?

Under $25k
6.1%
$25k–50k
11.0%
$50k–100k
27.9%
$100k–150k
20.3%
$150k+
32.5%

Share of households by yearly income. 52.8% of households earn $100,000 or more.

Rent by apartment size in Leonia

SizeLeoniaU.S. average
Studio$2,241$1,338
1 bedroom$1,834$1,324
2 bedrooms$2,485$1,509
3 bedrooms$3,500+$1,698

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

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

Taxes and bills in Leonia

🏛️ Property tax$10,000+a year · 1.49% of home value · U.S. $3,119
⚡ Electric bill$193a month (typical) · U.S. $156

Life in Leonia

Commute to work30.5 minU.S.: 26.4 min
College degree61%U.S.: 35.7%
Own their home69.9%U.S.: 65.2%
Below poverty line4.3%U.S.: 12.5%
Unemployment6%U.S.: 5.2%

Is it cheaper to rent or buy in Leonia?

Renting is cheaper right now: about $2,382 a month less.

Renting
$2,287
Owning
$4,669

Owning assumes a typical $672,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $67,290 for the down payment.

Frequently asked questions

What is the average rent in Leonia, NJ?

Renting in Leonia costs a median of about $2,287 a month in 2026, including utilities. The New Jersey median is $2,240.

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

To keep rent under 30% of income, you need about $91,480 a year, or $44 an hour at a full-time job.

Is Leonia cheap or expensive?

Leonia is rated Cheap: rent takes 19.6% of the typical household income of $139,844. It ranks 154th cheapest of 291 New Jersey cities we track.

How much are property taxes in Leonia?

The median homeowner in Leonia pays $10,000+ a year in property taxes, about 1.49% of the median home value.

Is Leonia 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 Leonia?

The median home value in Leonia is $672,900, about 4.8 times the typical yearly household income.

9,336 people live in Leonia. Numbers are typical (middle) values.