Somerdale, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
105
Somerdale's Overall Cost Of Living
1.1x
Higher Than The National Average
25 out of 251
In New Jersey
3,676 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 Somerdale is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Somerdale, NJ?

According to the most recent data on the cost of living, Somerdale has an overall cost of living index of 105 which is 1.1x higher than the national index of 100.

Compared to only New Jersey, Somerdale has a cost of living index that's 0.9x lower than New Jersey's index of 121.

The standard of living in Somerdale ranks as #3,677 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Somerdale ranks as the #2,741 most expensive place in the Garden State.

For more reading on life in Somerdale, check out:

Somerdale Cost Of Living Vs. New Jersey

Living Expense Somerdale New Jersey National Average
Overall 105 121 100
Services 105 107 100
Groceries 122 107 100
Health 100 100 100
Housing 89 160 100
Transportation 113 106 100
Utilities 112 98 100
For more reading on cost of living around New Jersey, check out:
Somerdale Cost of Living Vs. NJ

Somerdale, 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.

$178,000
Median Home Value
$895
Median Rent
$73,498
Median Income
Statistic Somerdale New Jersey United States
Median Home Value $178,000 $343,500 $229,800
Median Rent $895 $1,368 $1,096
Median Income $73,498 $85,245 $64,994
Home Value To Income 2.4x 4.0x 3.5x
Rent To Monthly Income 0.15x 0.19x 0.2x

Detailed Somerdale Services Costs Vs. New Jersey

Item Somerdale New Jersey
Shampoo $1.02 $1.06
Movie $12.0 $10.68
Bowling $18.8 $14.67

Detailed Somerdale Groceries Costs Vs. New Jersey

Item Somerdale New Jersey
Ground Beef $4.57 $4.22
Fried Chicken $1.6 $1.39
Milk $2.18 $2.05

Detailed Somerdale Health Costs Vs. New Jersey

Item Somerdale New Jersey
Haircut $19.66 $18.62
Beauty Salon $60.55 $39.05
Toothpaste $2.34 $2.34

Detailed Somerdale Transportation Costs Vs. New Jersey

Item Somerdale New Jersey
Potatoes $3.66 $3.29
Pizza $10.67 $10.62
Beer $8.81 $9.38
Optometrist $108.61 $108.57
Doctor $133.89 $116.17
Dentist $96.86 $99.13

Detailed Somerdale Utilities Costs Vs. New Jersey

Item Somerdale New Jersey
Gasoline $2.42 $2.22
Tire Balancing $60.97 $50.07
All Electricity $193.98 $167.67
Phone $192.07 $175.64

Somerdale SnackAbility

8
/10
Overall SnackAbility
Jobs
7/10
Housing
8
Affordability
8.5
Diversity
9.5
Safety
5
Amenities
8.5
Education
7
Commute
7

Cost Of Living In Cities Around Somerdale

City Population Cost Of Living Vs. Somerdale
Springdale, NJ 14,111 135 1.3x
Ardmore, PA 13,567 126 1.2x
Echelon, NJ 12,687 110 1.0x
Greentree, NJ 10,597 126 1.2x
Marlton, NJ 10,171 116 1.1x
Ashland, NJ 8,853 117 1.1x
Glenside, PA 7,237 117 1.1x
Stratford, NJ 6,968 107 1.0x
Barrington, NJ 6,678 111 1.1x
Swarthmore, PA 6,339 131 1.2x

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