Rent is higher than in 77% of U.S. cities. A typical house costs about 3.4 years of household income. It is a highly educated city: 59.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $88,480 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 138 of 291 cities from cheapest to most expensive.
How much do households earn in Westmont?
Share of households by yearly income. 47.0% of households earn $100,000 or more.
Rent by apartment size in Westmont
| Size | Westmont | U.S. average |
|---|---|---|
| Studio | $756 | $1,338 |
| 1 bedroom | $1,856 | $1,324 |
| 2 bedrooms | $1,992 | $1,509 |
| 3 bedrooms | $2,639 | $1,698 |
| 4 bedrooms | $2,393 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Westmont 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 Westmont, so the New Jersey figure is shown.
Taxes and bills in Westmont
Life in Westmont
Is it cheaper to rent or buy in Westmont?
Renting is cheaper right now: about $717 a month less.
Owning assumes a typical $422,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,220 for the down payment.
Frequently asked questions
What is the average rent in Westmont, NJ?
Renting in Westmont costs a median of about $2,212 a month in 2026, including utilities. The New Jersey median is $2,240.
How much do I need to make to live in Westmont?
To keep rent under 30% of income, you need about $88,480 a year, or $43 an hour at a full-time job.
Is Westmont cheap or expensive?
Westmont is rated OK: rent takes 21.3% of the typical household income of $124,369. It ranks 138th cheapest of 291 New Jersey cities we track.
How much are property taxes in Westmont?
The median homeowner in Westmont pays $10,000+ a year in property taxes, about 2.37% of the median home value.
Is Westmont 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 Westmont?
The median home value in Westmont is $422,200, about 3.4 times the typical yearly household income.
14,195 people live in Westmont. Numbers are typical (middle) values.