salaryRent is higher than in 88% of U.S. cities. A typical house costs about 4.9 years of household income. Most households rent (58%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $105,440 a year. That is $51 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 204 of 291 cities from cheapest to most expensive.
How much do households earn in Lodi?
Share of households by yearly income. 37.8% of households earn $100,000 or more.
Rent by apartment size in Lodi
| Size | Lodi | U.S. average |
|---|---|---|
| Studio | $1,933 | $1,338 |
| 1 bedroom | $1,658 | $1,324 |
| 2 bedrooms | $1,942 | $1,509 |
| 3 bedrooms | $2,464 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lodi 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 Lodi, so the New Jersey figure is shown.
Taxes and bills in Lodi
Life in Lodi
Is it cheaper to rent or buy in Lodi?
Renting is cheaper right now: about $660 a month less.
Owning assumes a typical $475,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,500 for the down payment.
Frequently asked questions
What is the average rent in Lodi, NJ?
Renting in Lodi costs a median of about $2,636 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Lodi?
To keep rent under 30% of income, you need about $105,440 a year, or $51 an hour at a full-time job.
Is Lodi cheap or expensive?
Lodi is rated Expensive: rent takes 32.8% of the typical household income of $96,315. It ranks 204th cheapest of 291 New Jersey cities we track.
How much are property taxes in Lodi?
The median homeowner in Lodi pays $10,000+ a year in property taxes, about 2.11% of the median home value.
Is Lodi 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 Lodi?
The median home value in Lodi is $475,000, about 4.9 times the typical yearly household income.
26,082 people live in Lodi. Numbers are typical (middle) values.