Cost of Living in Somerset County, NJ

Modeled annual cost: $64,386.

Median family income: $167,353.

NJ Median $59,331

Somerset County, NJ Affordability at a glance

Median Income

$167,353

Estimated Annual Costs

$64,386

Cost/Income Ratio

38.5%

State Rank

#3Most expensive counties in NJ out of 21See New Jersey county rankings

Location Type

Metro

Biggest category:

Housing is the biggest expense in Somerset County, NJ.

$19,412 per year.*30.15% of total modeled yearly costs.

Cost breakdown

Total

$64,386

Per year

  • Housing:
    $19,41230.1%
  • Transport:
    $13,79421.4%
  • Taxes:
    $13,32720.7%
  • Other Costs:
    $7,50611.7%
  • Healthcare:
    $5,5808.7%
  • Food:
    $4,7667.4%

* Percentages may not add up to 100% due to rounding.

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See how Somerset County, NJ compares across the country.

Explore our cost of living interactive map to compare Somerset County, NJ with multiple counties in the United States.

How WatchPennies calculates salary needed