States › New Jersey › Phillipsburg

Is Phillipsburg, NJ expensive to live in?

ExpensiveRent takes 36 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,21927% higher than U.S. average
💵 Families earn per year (2026)$73,687about $6,141/month · 15% lower than U.S. average
🔑 House price$193,20042% lower than U.S. average

Rent is higher than in 77% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $88,760 a year. That is $43 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 140 of 291 cities from cheapest to most expensive.

Phillipsburg
$2,219
Asbury Park
$1,577
Tenafly
$3,500+
Springdale
$970
Metuchen
$2,293
Highland Park
$2,355
Fairview
$2,423

How much do households earn in Phillipsburg?

Under $25k
20.4%
$25k–50k
15.0%
$50k–100k
32.7%
$100k–150k
12.5%
$150k+
9.0%

Share of households by yearly income. 21.5% of households earn $100,000 or more.

Rent by apartment size in Phillipsburg

SizePhillipsburgU.S. average
1 bedroom$1,046$1,324
2 bedrooms$1,285$1,509
3 bedrooms$1,743$1,698
4 bedrooms$2,089$2,098

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

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

Taxes and bills in Phillipsburg

🏛️ Property tax$5,140a year · 2.66% of home value · U.S. $3,119
⚡ Electric bill$114a month (typical) · U.S. $156

Life in Phillipsburg

Commute to work26 minU.S.: 26.4 min
College degree24.6%U.S.: 35.7%
Own their home57.6%U.S.: 65.2%
Below poverty line20.2%U.S.: 12.5%
Unemployment7.3%U.S.: 5.2%

Is it cheaper to rent or buy in Phillipsburg?

Buying is cheaper month to month: about $878 a month less than renting.

Renting
$2,219
Owning
$1,341

Owning assumes a typical $193,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,320 for the down payment.

Frequently asked questions

What is the average rent in Phillipsburg, NJ?

Renting in Phillipsburg costs a median of about $2,219 a month in 2026, including utilities. The New Jersey median is $2,240.

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

To keep rent under 30% of income, you need about $88,760 a year, or $43 an hour at a full-time job.

Is Phillipsburg cheap or expensive?

Phillipsburg is rated Expensive: rent takes 36.1% of the typical household income of $73,687. It ranks 140th cheapest of 291 New Jersey cities we track.

How much are property taxes in Phillipsburg?

The median homeowner in Phillipsburg pays $5,140 a year in property taxes, about 2.66% of the median home value.

Is Phillipsburg 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 Phillipsburg?

The median home value in Phillipsburg is $193,200, about 2.6 times the typical yearly household income.

15,299 people live in Phillipsburg. Numbers are typical (middle) values.