States › New Jersey › Westfield

Is Westfield, NJ expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,550102% higher than U.S. average
💵 Families earn per year (2026)$250,890about $20,908/month · 188% higher than U.S. average
🔑 House price$953,400187% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 3.8 years of household income. Commutes are long, about 36.7 minutes each way. Most homes (81.1%) are owned, so rentals can be hard to find. It is a highly educated city: 78.1% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $142,000 a year. That is $68 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 284 of 291 cities from cheapest to most expensive.

Westfield
$3,550
$2,361
$2,563
$2,912
$2,240

How much do households earn in Westfield?

Under $25k
4.2%
$25k–50k
5.8%
$50k–100k
14.5%
$100k–150k
18.1%
$150k+
56.0%

Share of households by yearly income. 74.1% of households earn $100,000 or more.

Rent by apartment size in Westfield

SizeWestfieldU.S. average
Studio$2,935$1,338
1 bedroom$1,706$1,324
2 bedrooms$2,885$1,509
3 bedrooms$3,307$1,698
4 bedrooms$3,500+$2,098

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

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

Taxes and bills in Westfield

🏛️ Property tax$10,000+a year · 1.05% of home value · U.S. $3,119
⚡ Electric bill$162a month (typical) · U.S. $156

Life in Westfield

Commute to work36.7 minU.S.: 26.4 min
College degree78.1%U.S.: 35.7%
Own their home81.1%U.S.: 65.2%
Below poverty line1.8%U.S.: 12.5%
Unemployment3.6%U.S.: 5.2%

Is it cheaper to rent or buy in Westfield?

Renting is cheaper right now: about $3,065 a month less.

Renting
$3,550
Owning
$6,615

Owning assumes a typical $953,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $95,340 for the down payment.

Frequently asked questions

What is the average rent in Westfield, NJ?

Renting in Westfield costs a median of about $3,550 a month in 2026, including utilities. The New Jersey median is $2,240.

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

To keep rent under 30% of income, you need about $142,000 a year, or $68 an hour at a full-time job.

Is Westfield cheap or expensive?

Westfield is rated Cheap: rent takes 17.0% of the typical household income of $250,890. It ranks 284th cheapest of 291 New Jersey cities we track.

How much are property taxes in Westfield?

The median homeowner in Westfield pays $10,000+ a year in property taxes, about 1.05% of the median home value.

Is Westfield 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 Westfield?

The median home value in Westfield is $953,400, about 3.8 times the typical yearly household income.

31,111 people live in Westfield. Numbers are typical (middle) values.