States › New Jersey › Little Silver

Is Little Silver, NJ expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$259,760about $21,647/month · 198% higher than U.S. average
🔑 House price$955,900187% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 100% of U.S. cities. A typical house costs about 3.7 years of household income. Commutes are long, about 35.8 minutes each way. Most homes (96.3%) are owned, so rentals can be hard to find. It is a highly educated city: 81% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $140,040 a year. That is $67 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 280 of 291 cities from cheapest to most expensive.

Little Silver
$3,500+
Woodcliff Lake
$2,083
Vauxhall
$2,019
Fair Haven
$3,853
Laurence Harbor
$2,100
Oceanport
$1,774
Old Tappan
$3,500+

How much do households earn in Little Silver?

Under $25k
4.1%
$25k–50k
4.2%
$50k–100k
13.7%
$100k–150k
16.4%
$150k+
62.3%

Share of households by yearly income. 78.8% of households earn $100,000 or more.

How expensive is Little Silver 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 Little Silver, so the New Jersey figure is shown.

Taxes and bills in Little Silver

🏛️ Property tax$10,000+a year · 1.05% of home value · U.S. $3,119
⚡ Electric bill$179a month (typical) · U.S. $156

Life in Little Silver

Commute to work35.8 minU.S.: 26.4 min
College degree81%U.S.: 35.7%
Own their home96.3%U.S.: 65.2%
Below poverty line1.2%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Little Silver?

Renting is cheaper right now: about $3,132 a month less.

Renting
$3,500+
Owning
$6,633

Owning assumes a typical $955,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $95,590 for the down payment.

Frequently asked questions

What is the average rent in Little Silver, NJ?

Renting in Little Silver costs a median of about $3,500+ a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Little Silver?

To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.

Is Little Silver cheap or expensive?

Little Silver is rated Cheap: rent takes 16.2% of the typical household income of $259,760. It ranks 280th cheapest of 291 New Jersey cities we track.

How much are property taxes in Little Silver?

The median homeowner in Little Silver pays $10,000+ a year in property taxes, about 1.05% of the median home value.

Is Little Silver 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 Little Silver?

The median home value in Little Silver is $955,900, about 3.7 times the typical yearly household income.

6,105 people live in Little Silver. Numbers are typical (middle) values.