Perth Amboy, NJ

Above Avg · 113

New Jersey · Population 55,278 · Updated March 2026

$1,629
Median Rent / Month
$58,490
Median Income
$339,200
Median Home Value
$1,662
Owner Costs / Month

Affordability

How far your income goes in Perth Amboy

33.4%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in New Jersey

State-level tax rates that affect your costs

10.75%
Income Tax (Top Rate)
6.625%
Sales Tax
2.23%
Property Tax Rate

Estimated Annual Costs

$19,548
Annual Rent
$6,288
State Income Tax
$7,564
Property Tax (est.)

Cost of Living Overview

Perth Amboy is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 113 (where 100 equals the national median), Perth Amboy residents can expect to pay median rent of $1,629/month while earning a median household income of $58,490/year.

The median home value in Perth Amboy, NJ is $339,200, with typical monthly owner costs around $1,662 including mortgage, insurance, and taxes. At 33.4% rent-to-income ratio, residents of Perth Amboy are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

New Jersey's top income tax rate of 10.75% is among the highest in the nation, adding to the overall cost burden. Combined with a 6.625% sales tax rate and 2.23% effective property tax rate, the overall tax environment is a factor in the total cost of living in Perth Amboy.

Frequently Asked Questions

Common questions about living costs in Perth Amboy

What is the cost of living in Perth Amboy, NJ?
The cost of living index in Perth Amboy, NJ is 113 (US average = 100). Median monthly rent is $1,629, median household income is $58,490/year, and the median home value is $339,200.
Is Perth Amboy, NJ affordable?
No, Perth Amboy is more expensive than the national average with a cost index of 113. The rent-to-income ratio is 33.4%—above the 30%% affordability threshold.
What is the average rent in Perth Amboy, NJ?
The median gross rent in Perth Amboy, NJ is $1,629 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,548.
What is the median household income in Perth Amboy?
The median household income in Perth Amboy, NJ is $58,490 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New Jersey?
New Jersey has a top income tax rate of 10.75%, a sales tax of 6.625%, and an effective property tax rate of 2.23%.