What is the average rent in New Jersey?

The average rent in New Jersey is $2,175. While the median home price is $636,019.

What is the monthly average cost of utilities in New Jersey?

The average monthly cost of utilities in New Jersey is $417. This includes expenses like electricity, water, internet etc.

How much does public transportation cost in New Jersey?

The average cost of public transport is $76 in New Jersey.

What is the average mortgage rate in New Jersey?

The average mortgage rate in New Jersey is 5%. The average monthly payment as per 5% on a $636,019 home is $2,731.

What is the average cost of living in New Jersey?

The average cost of living in New Jersey is 11% Higher than the national average.

Is New Jersey expensive to live?

Yes, New Jersey is an expensive city to live in. The cost of living is 11% Higher than the national average. The median home price is $636,019, which is 11% Higher than the national average.

New Jersey's Cost of Living Calculator

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Cost of Living Score in New Jersey

The living expenses in New Jersey are 11% higher than the U.S. Avg.

Major Costs Compared with:

Buying a House

$636,019

3% than U.S. Avg

Renting a House

$2,175

4% than U.S. Avg

Utilities

$417

1% than U.S. Avg

Food & Groceries

$124

1% than U.S. Avg

Healthcare

$534

0% than U.S. Avg

Transportation

$76

2% than U.S. Avg

Miscellaneous

$465

1% than U.S. Avg

View NaN homes for sale in New Jersey

Comparison Between Top New Jersey Cities

Here's a graphical representation of the cost of living between New Jersey's 10 largest cities compared to the national average.

What is a Cost of Living Calculator?

Find out how living costs in Florida vary across locations with our cost-of-living calculator. This calculator will help you in comparing everyday expenses like housing, groceries, transportation, and healthcare in different cities or regions. Read More

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