States › New Jersey › Northfield

Is Northfield, NJ expensive to live in?

OKRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,02515% higher than U.S. average
💵 Families earn per year (2026)$120,360about $10,030/month · 38% higher than U.S. average
🔑 House price$316,2005% lower than U.S. average

Rent is higher than in 70% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (88.3%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $81,000 a year. That is $39 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 101 of 291 cities from cheapest to most expensive.

Northfield
$2,025
Upper Saddle River
$3,500+
Kenilworth
$2,232
Twin Rivers
$1,934
Newton
$2,072
Raritan
$2,713
Runnemede
$2,016

How much do households earn in Northfield?

Under $25k
8.6%
$25k–50k
13.0%
$50k–100k
32.2%
$100k–150k
23.0%
$150k+
22.1%

Share of households by yearly income. 45.1% of households earn $100,000 or more.

Rent by apartment size in Northfield

SizeNorthfieldU.S. average
1 bedroom$1,906$1,324
2 bedrooms$2,336$1,509

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

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

Taxes and bills in Northfield

🏛️ Property tax$8,022a year · 2.54% of home value · U.S. $3,119
⚡ Electric bill$170a month (typical) · U.S. $156

Life in Northfield

Commute to work21.8 minU.S.: 26.4 min
College degree48.3%U.S.: 35.7%
Own their home88.3%U.S.: 65.2%
Below poverty line4.6%U.S.: 12.5%
Unemployment3.9%U.S.: 5.2%

Is it cheaper to rent or buy in Northfield?

Renting is cheaper right now: about $169 a month less.

Renting
$2,025
Owning
$2,194

Owning assumes a typical $316,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $31,620 for the down payment.

Frequently asked questions

What is the average rent in Northfield, NJ?

Renting in Northfield costs a median of about $2,025 a month in 2026, including utilities. The New Jersey median is $2,240.

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

To keep rent under 30% of income, you need about $81,000 a year, or $39 an hour at a full-time job.

Is Northfield cheap or expensive?

Northfield is rated OK: rent takes 20.2% of the typical household income of $120,360. It ranks 101st cheapest of 291 New Jersey cities we track.

How much are property taxes in Northfield?

The median homeowner in Northfield pays $8,022 a year in property taxes, about 2.54% of the median home value.

Is Northfield 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 Northfield?

The median home value in Northfield is $316,200, about 2.6 times the typical yearly household income.

8,456 people live in Northfield. Numbers are typical (middle) values.