Cost of Living: Hoboken, NJ vs Milpitas, CA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Hoboken, NJ versus $3,974/mo in Milpitas, CA. In the model, rent is about 41.07% of gross in Hoboken, NJ versus 45.34% in Milpitas, CA, so Hoboken, NJ tends to feel more affordable for rent.

Take-home in Hoboken, NJ
$4,144/mo
Income level: below
Take-home in Milpitas, CA
$3,974/mo
Income level: below
Rent share (1BR) in Hoboken, NJ
41.07%
COLI tier: mid-range
Rent share (1BR) in Milpitas, CA
45.34%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Hoboken, NJ and Milpitas, CA.

At a glance

  • Cheaper overall (lower cost-of-living index): Milpitas, CA
  • Lower rent (median 1BR/2BR): Hoboken, NJ
  • Lower home prices: Hoboken, NJ
  • Higher median household income: Hoboken, NJ

Cost of Living Index

Hoboken, NJ: 100 (U.S. = 100) · Milpitas, CA: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Hoboken, NJ: $2,678/mo (midpoint of 1BR/2BR) · Milpitas, CA: $2,957/mo

Median rent in Milpitas, CA is $279/mo higher than in Hoboken, NJ.

Median Home Price

Hoboken, NJ: $872,100 · Milpitas, CA: $1,180,000

Median home price in Milpitas, CA is $307,900 higher than in Hoboken, NJ.

Median Household Income

Hoboken, NJ: $176,943 · Milpitas, CA: $176,822

Hoboken, NJ has a higher median household income than Milpitas, CA by $121.

Hoboken, NJ overview · Milpitas, CA overview · Popular comparisons