Cost of living in Bound Brook, NJ — Housing, Rent & Index

Housing, rent, and a comparison to the US average.

$506,366
Median home value
$2,155/mo
Median rent
143
Cost index (US=100)
-0.8%
Home YoY change

The median home value in Bound Brook, NJ is $506,366 as of 2026-04. That places Bound Brook above the US average for housing cost, with a cost index of approximately 143 versus a national baseline of 100.

Over the past 12 months, the median home value in Bound Brook has moved sideways, and over the past five years it has averaged +7.2% annual growth. The current price sits -0.9% from its 5-year peak in 2025-05.

Renters pay a median of $2,155 per month in Bound Brook. Rents have changed +9.6% over the last year and averaged — per year over five years.

Beyond housing, day-to-day costs in Bound Brook are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$506,366
1-year change-0.8%
5-year CAGR+7.2%
10-year CAGR+7.3%
vs 5-year peak-0.9%

Source: Zillow Home Value Index (ZHVI).

How Bound Brook compares

Cost index143 (above US)
Median home vs US (~$355k)+42.6%
Population12,643
Momentum score71 (Rising)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.