salaryRent is lower than in 77% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 3.3 years of household income. Commutes are long, about 32.3 minutes each way. Most homes (86.2%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $47,640 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 6 of 291 cities from cheapest to most expensive.
How much do households earn in Spotswood?
Share of households by yearly income. 40.3% of households earn $100,000 or more.
Rent by apartment size in Spotswood
| Size | Spotswood | U.S. average |
|---|---|---|
| 1 bedroom | $1,112 | $1,324 |
| 2 bedrooms | $1,309 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Spotswood 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 Spotswood, so the New Jersey figure is shown.
Taxes and bills in Spotswood
Life in Spotswood
Is it cheaper to rent or buy in Spotswood?
Renting is cheaper right now: about $1,376 a month less.
Owning assumes a typical $369,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,990 for the down payment.
Frequently asked questions
What is the average rent in Spotswood, NJ?
Renting in Spotswood costs a median of about $1,191 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Spotswood?
To keep rent under 30% of income, you need about $47,640 a year, or $23 an hour at a full-time job.
Is Spotswood cheap or expensive?
Spotswood is rated Cheap: rent takes 12.6% of the typical household income of $113,307. It ranks 6th cheapest of 291 New Jersey cities we track.
How much are property taxes in Spotswood?
The median homeowner in Spotswood pays $9,619 a year in property taxes, about 2.60% of the median home value.
Is Spotswood 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 Spotswood?
The median home value in Spotswood is $369,900, about 3.3 times the typical yearly household income.
8,171 people live in Spotswood. Numbers are typical (middle) values.