Is Yonkers, NY cheaper than Jersey City, NJ?

Based on cost of living data, Yonkers, NY is 25.6% cheaper than Jersey City, NJ. This translates to saving $1920 per month.

What salary do I need in Yonkers, NY to live like I do in Jersey City, NJ?

If you earn $150,000 in Jersey City, NJ, you'd need approximately $126,964.286 in Yonkers, NY to maintain the same standard of living.

How does housing cost compare between Jersey City, NJ and Yonkers, NY?

Housing in Yonkers, NY is 51.4% cheaper than in Jersey City, NJ. For a two-bedroom apartment, rent is $2,860/month in Yonkers, NY compared to $2,625/month in Jersey City, NJ.

How much can I save per month by moving from Jersey City, NJ to Yonkers, NY?

Moving from Jersey City, NJ to Yonkers, NY could save you approximately $1920 per month, or $23036 per year, based on a $150,000 salary.

Jersey City, NJ vs Yonkers, NY: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Jersey City, NJ

Numbers update automatically as you type

You'd save $1.9K/month moving to Yonkers, NY

$150.0K in your current city equals $127.0K in Yonkers, NY

Rent data from HUD ZIP-level estimates · COL index from New York-Newark-Jersey City, NY-NJ-PA area

Overall Cost

↓ 25.6%

Less expensive

Monthly Impact

$1,920

Savings

Annual Impact

$23.0K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Jersey City, NJ

Population:292K

Cost Index:

100

100 = national average

Median Home:$637K

Yonkers, NY

Population:208K

Cost Index:

(26% below avg)

Median Home:$648K

Jersey City, NJ

The Garden State

292K

Population

State Tax

Yes

Located in New Jersey, this city has a population of 292K residents.

Yonkers, NY

The Empire State

208K

Population

State Tax

Yes

Located in New York, this city has a population of 208K residents.

Cost Breakdown by Category

Annual spending: Jersey City, NJ vs Yonkers, NY

Category	Jersey City, NJ	Yonkers, NY	Difference	Change
Housing	$7,648/mo	$3,716/mo	↓ $3,932less	51.4%
Groceries	$1,165/mo	$1,099/mo	↓ $65.95less	5.7%
Other	$2,034/mo	$2,026/mo	↓ $8.37less	0.4%
All Utilities	$600/mo	$596/mo	↓ $4.37less	0.7%
Transportation	$1,602/mo	$1,598/mo	↓ $4.10less	0.3%
Healthcare	$688/mo	$688/mo	→ $0	0.0%

Housing

↓ 51.4%

Jersey City, NJ

$7,648

Yonkers, NY

$3,716

Difference

$3,932

less

Groceries

↓ 5.7%

Jersey City, NJ

$1,165

Yonkers, NY

$1,099

Difference

$65.95

less

Other

↓ 0.4%

Jersey City, NJ

$2,034

Yonkers, NY

$2,026

Difference

$8.37

less

All Utilities

↓ 0.7%

Jersey City, NJ

$600

Yonkers, NY

$596

Difference

$4.37

less

Transportation

↓ 0.3%

Jersey City, NJ

$1,602

Yonkers, NY

$1,598

Difference

$4.10

less

Healthcare

→ 0.0%

Jersey City, NJ

$688

Yonkers, NY

$688

Difference

same

🏛️ Local Income Taxes

Yonkers, NY: Yonkers Surcharge (16.75% of state tax)$2,939/yr (2.0%)

Jersey City, NJ has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$2,285

To$2,490

↑ $205

1 Bed

From$2,335

To$2,610

↑ $275

2 Bed

From$2,625

To$2,860

↑ $235

3 Bed

From$3,195

To$3,580

↑ $385

Jersey City, NJZIP-level data

1BR range: $2,080–$3,680/mo

Yonkers, NYZIP-level data

1BR range: $2,400–$2,710/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$13,737

Monthly in Jersey City, NJ

$9,722

Monthly in Yonkers, NY

$4,015

Difference

Home Values

Jersey City

Yonkers

$637K

Median Value

$648K

↓ -0.8%

YoY Change

↑ +4.6%

↑ +14.6%

5-Year Change

↑ +30.3%

$525K - $1.16M

Price Range

$598K - $729K

Homes in Yonkers are 2% more expensive than Jersey City

Calculate payment - Jersey City Calculate payment - Yonkers

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $2.1K

More taxes

Monthly Difference

$176

Less take-home

Effective Rate Diff

1.4%

Rate difference

Jersey City, NJ

Federal Income Tax

Effective: 18.9%

$25.5K

New Jersey State Tax

Effective: 5.0%

$7.4K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.6%

$44.4K

Take-Home Pay

$8,796/month

$105.6K

Yonkers, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Additional Tax Information

Jersey City, NJ Tax Rates

Sales Tax:6.6%

Property Tax:2.5%

Yonkers, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.