States › New Jersey › Pomona

Is Pomona, NJ expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,19432% lower than U.S. average
💵 Families earn per year (2026)$106,899about $8,908/month · 23% higher than U.S. average
🔑 House price$279,00016% lower than U.S. average

Rent is lower than in 76% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (80.3%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $47,760 a year. That is $23 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 7 of 291 cities from cheapest to most expensive.

Pomona
$1,194
$2,710
$2,426

How much do households earn in Pomona?

Under $25k
5.0%
$25k–50k
9.4%
$50k–100k
48.5%
$100k–150k
16.7%
$150k+
16.8%

Share of households by yearly income. 33.5% of households earn $100,000 or more.

Rent by apartment size in Pomona

SizePomonaU.S. average
1 bedroom$916$1,324
3 bedrooms$2,461$1,698

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

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

Taxes and bills in Pomona

🏛️ Property tax$6,243a year · 2.24% of home value · U.S. $3,119
⚡ Electric bill$160a month (typical) · U.S. $156

Life in Pomona

Commute to work25.4 minU.S.: 26.4 min
College degree34.2%U.S.: 35.7%
Own their home80.3%U.S.: 65.2%
Below poverty line11.1%U.S.: 12.5%
Unemployment9.4%U.S.: 5.2%

Is it cheaper to rent or buy in Pomona?

Renting is cheaper right now: about $742 a month less.

Renting
$1,194
Owning
$1,936

Owning assumes a typical $279,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,900 for the down payment.

Frequently asked questions

What is the average rent in Pomona, NJ?

Renting in Pomona costs a median of about $1,194 a month in 2026, including utilities. The New Jersey median is $2,240.

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

To keep rent under 30% of income, you need about $47,760 a year, or $23 an hour at a full-time job.

Is Pomona cheap or expensive?

Pomona is rated Cheap: rent takes 13.4% of the typical household income of $106,899. It ranks 7th cheapest of 291 New Jersey cities we track.

How much are property taxes in Pomona?

The median homeowner in Pomona pays $6,243 a year in property taxes, about 2.24% of the median home value.

Is Pomona 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 Pomona?

The median home value in Pomona is $279,000, about 2.6 times the typical yearly household income.

7,995 people live in Pomona. Numbers are typical (middle) values.