Cost of Living in Somerset, NJ
Overall index: 118 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 117 | +17% | $1,435 |
| Transportation | 100 | +0% | $3.50 |
| Food | 152 | +52% | $623 |
| Utilities | 109 | +9% | $211 |
| Healthcare | 109 | +9% | $152 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Somerset?
A single adult living comfortably in Somerset, NJ needs approximately $41,300 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Somerset, NJ?
The overall cost of living in Somerset, NJ is 18% higher than the US national average (index: 118 where 100 = national average).
How much is rent in Somerset, NJ?
Average rent for a 1-bedroom apartment in Somerset, NJ is about $1,435/month.
Is Somerset, NJ expensive to live in?
Yes, Somerset, NJ is considered expensive (index above national average).
What salary do I need to live in Somerset, NJ?
A single adult needs roughly $41,300/year to cover basic living costs in Somerset, NJ.