Raritan, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
129
Raritan's Overall Cost Of Living
1.3x
Higher Than The National Average
135 out of 251
In New Jersey
5,222 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Raritan is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Raritan, NJ?

According to the most recent data on the cost of living, Raritan has an overall cost of living index of 129 which is 1.3x higher than the national index of 100.

Compared to only New Jersey, Raritan has a cost of living index that's 1.1x higher than New Jersey's index of 121.

The standard of living in Raritan ranks as #5,224 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Raritan ranks as the #1,195 most expensive place in the Garden State.

For more reading on life in Raritan, check out:

Raritan Cost Of Living Vs. New Jersey

Living Expense Raritan New Jersey National Average
Overall 129 121 100
Services 114 107 100
Groceries 108 107 100
Health 100 100 100
Housing 171 160 100
Transportation 105 106 100
Utilities 104 98 100
For more reading on cost of living around New Jersey, check out:
Raritan Cost of Living Vs. NJ

Raritan, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$361,400
Median Home Value
$1,508
Median Rent
$82,471
Median Income
Statistic Raritan New Jersey United States
Median Home Value $361,400 $343,500 $229,800
Median Rent $1,508 $1,368 $1,096
Median Income $82,471 $85,245 $64,994
Home Value To Income 4.4x 4.0x 3.5x
Rent To Monthly Income 0.22x 0.19x 0.2x

Detailed Raritan Services Costs Vs. New Jersey

Item Raritan New Jersey
Shampoo $1.03 $1.06
Movie $12.59 $10.68
Bowling $17.73 $14.67

Detailed Raritan Groceries Costs Vs. New Jersey

Item Raritan New Jersey
Ground Beef $3.87 $4.22
Fried Chicken $1.67 $1.39
Milk $2.41 $2.05

Detailed Raritan Health Costs Vs. New Jersey

Item Raritan New Jersey
Haircut $20.73 $18.62
Beauty Salon $36.4 $39.05
Toothpaste $2.16 $2.34

Detailed Raritan Transportation Costs Vs. New Jersey

Item Raritan New Jersey
Potatoes $3.09 $3.29
Pizza $11.4 $10.62
Beer $9.19 $9.38
Optometrist $101.33 $108.57
Doctor $94.5 $116.17
Dentist $113.15 $99.13

Detailed Raritan Utilities Costs Vs. New Jersey

Item Raritan New Jersey
Gasoline $2.26 $2.22
Tire Balancing $56.66 $50.07
All Electricity $174.26 $167.67
Phone $179.87 $175.64

Raritan SnackAbility

9
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
5
Diversity
9
Safety
9
Amenities
8.5
Education
8
Commute
6

Cost Of Living In Cities Around Raritan

City Population Cost Of Living Vs. Raritan
Westfield, NJ 29,690 170 1.3x
Bradley Gardens, NJ 14,714 144 1.1x
Middlesex, NJ 13,606 123 1.0x
Somerville, NJ 12,139 122 0.9x
Florham Park, NJ 11,719 165 1.3x
Martinsville, NJ 11,384 155 1.2x
Bound Brook, NJ 10,254 120 0.9x
Manville, NJ 10,193 117 0.9x
Succasunna, NJ 9,367 134 1.0x
Bernardsville, NJ 7,641 164 1.3x

Articles About New Jersey

Enjoy The Snack?