Somers Point, NJ Cost Of Living

The latest cost of living statistics for Somers Point. Includes statistics on rent, mortgages, healthcare, and other costs for Somers Point compared to the state and national averages.

Cost of living in Somers Point, New Jersey

Cost of living in Somers Point research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Somers Point is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

114 Cost of living index 1.1x higher vs US
#40 Cheapest in New Jersey (of 262)
#3,904 Cheapest in the U.S. (of 6,489)
$419,052 Median home value
$1,383 Median rent
$71,062 Median income
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What is the cost of living in Somers Point, NJ?

According to the most recent data on the cost of living, Somers Point has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.

Compared to New Jersey, Somers Point has a cost of living index that's 0.9x lower than New Jersey's index of 125.

The standard of living in Somers Point ranks as #40 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Somers Point ranks as the #222 most expensive place in the Garden State.

For more reading on life in Somers Point, check out:

Somers Point Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Somers Point. Here is how it fares on each of the criteria:

  • The Services index in Somers Point is 107.

  • The Groceries index in Somers Point is 109.

  • The Health index in Somers Point is 118.

  • The Housing index in Somers Point is 114.

  • The Transportation index in Somers Point is 111.

  • The Utilities index in Somers Point is 113.

Living Expense Somers Point New Jersey National Average
Overall 114 125 100
Services 107 107 100
Groceries 109 113 100
Health 118 155 100
Housing 114 116 100
Transportation 111 112 100
Utilities 113 113 100

Somers Point Cost Of Living Compared To New Jersey Averages

Services
Somers Point 107
New Jersey avg 107
Groceries
Somers Point 109
New Jersey avg 113
Health
Somers Point 118
New Jersey avg 155
Housing
Somers Point 114
New Jersey avg 116
Transportation
Somers Point 111
New Jersey avg 112
Utilities
Somers Point 113
New Jersey avg 113

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New Jersey, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Somers Point, NJ Housing Cost Breakdown

$419,052Median Home Value
$1,383Median Rent
$71,062Median Income

Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Somers Point is $419,052.

  • The Median Rent in Somers Point is $1,383.

  • The Median Income in Somers Point is $71,062.

  • The Home Value To Income in Somers Point is 5.9x.

  • The Rent To Monthly Income in Somers Point is 0.23x.

Statistic Somers Point New Jersey United States
Median Home Value $419,052 $569,411 $332,700
Median Rent $1,383 $1,720 $1,413
Median Income $71,062 $103,556 $80,734
Home Value To Income 5.9x 5.5x 4.1x
Rent To Monthly Income 0.23x 0.2x 0.21x

Somers Point, NJ Costs By Category

Detailed Somers Point Services costs vs. New Jersey
Item Somers Point New Jersey
Shampoo $1.28 $1.28
Movie $12.4 $12.13
Bowling $19.44 $18
Haircut $23.17 $24.26
Beauty Salon $52.17 $45.56
Detailed Somers Point Groceries costs vs. New Jersey
Item Somers Point New Jersey
Ground Beef $6.11 $5.84
Fried Chicken $1.41 $1.57
Milk $4.68 $4.67
Potatoes $5.38 $4.93
Pizza $12.29 $12.09
Beer $11.43 $10.41
Toothpaste $3.59 $3.7
Detailed Somers Point Health costs vs. New Jersey
Item Somers Point New Jersey
Optometrist $143.3 $125.68
Doctor $134.5 $135.78
Dentist $120.11 $113.29
Detailed Somers Point Transportation costs vs. New Jersey
Item Somers Point New Jersey
Gasoline $3.44 $3.46
Tire Balancing $62.39 $59.92
Detailed Somers Point Utilities costs vs. New Jersey
Item Somers Point New Jersey
All Electricity $214.53 $193.99
Phone $195.25 $192.25

Somers Point SnackAbility

8Overall SnackAbility
Jobs 7/10
Housing 8.5/10
Affordability 6/10
Diversity 8.5/10
Safety 6/10
Amenities 8.5/10
Education 8/10
Commute 8/10

Cost Of Living In Cities Around Somers Point

The cost of living varies in the cities and towns around Somers Point. Here's a quick look at the cost of living in the most populous nearby places:

  • Pleasantville, NJ has a cost of living index of 102, 0.9x Somers Point.

  • Absecon, NJ has a cost of living index of 116, 1.0x Somers Point.

  • Northfield, NJ has a cost of living index of 117, 1.0x Somers Point.

City Population Cost Of Living Vs. Somers Point
Pleasantville, NJ 20,712 102 0.9x
Absecon, NJ 9,170 116 1.0x
Northfield, NJ 8,456 117 1.0x
Pomona, NJ 7,995 108 0.9x
Brigantine, NJ 7,674 133 1.2x
Linwood, NJ 6,992 127 1.1x