Aurora vs Jersey City: Cost of Living Comparison
How does the cost of living in Aurora, Colorado compare to Jersey City, New Jersey? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.
Summary: Aurora is the more affordable city overall. Housing costs are 18% lower in Aurora compared to Jersey City, while rent is 8% lower. State income tax is 4.4% in CO vs 10.75% in NJ.
| Metric | Aurora, CO | Jersey City, NJ | Diff |
|---|---|---|---|
| Housing | |||
| Median Home Value | $409,700 | $500,100 | -18.1% |
| Median Monthly Rent | $1,651 | $1,799 | -8.2% |
| Income | |||
| Median Household Income | $78,685 | $91,151 | -13.7% |
| Per Capita Income | $38,047 | $54,582 | -30.3% |
| Taxes | |||
| State Income Tax Rate | 4.4% | 10.8% | -59.1% |
| Combined Sales Tax | 7.8% | 6.6% | +17.4% |
| Demographics | |||
| Population | 387,349 | 287,899 | +34.5% |
Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).
Rent vs. Buy Calculator — Aurora
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Rent vs. Buy Calculator — Jersey City
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Key Takeaways
- Housing: The median home in Aurora costs $409,700 compared to $500,100 in Jersey City — a 18% discount.
- Rent: Median rent is $1,651/mo in Aurora vs $1,799/mo in Jersey City.
- Income: Median household income is $78,685 in Aurora and $91,151 in Jersey City.
- Taxes: State income tax is 4.4% in Colorado vs 10.75% in New Jersey.
Methodology
This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).