What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

FLEMINGTON vs. FRANKLIN TOWNSHIP (SOMERSET COUNTY)
Cost of Living Comparison

Comparison

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Flemington, New Jersey vs. Franklin township (Somerset County), New Jersey

Q: What is a pro or con of living in Franklin township (Somerset County), New Jerseycompared to Flemington, New Jersey?

Median Home Cost is 14% cheaper in Franklin township (Somerset County).

Q: What salary do I need to live in Franklin township (Somerset County), New Jersey copmared to Flemington, New Jersey?

A salary of $50,000 in Flemington, New Jersey could decrease to $44,665 in Franklin township (Somerset County), New Jersey (assumptions include Homeowner, no Child Care, and Taxes are not considered.

Cost of Living Comparison

The cost of living in Franklin township (Somerset County), New Jersey is 10.7% cheaper than Flemington, New Jersey.

You would need a salary of $44,665 in Franklin township (Somerset County), New Jersey to maintain the standard of living you have in Flemington, New Jersey.

Comparison highlights

• Overall, Franklin township (Somerset County), New Jersey is cheaper than Flemington, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
14% cheaper in Franklin township (Somerset County)
than in Flemington, New Jersey

Flemington, NJ vs. Franklin Township (Somerset County), NJ

Compared to Flemington, Franklin Township (Somerset County) is:

Homeowner

No Child Care, Taxes not Considered

10.7% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

0.7% lower

Housing (Homeowner)

11.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

10.0% higher

Commute

18.1% higher

Health

4.2% higher

Taxes

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Childcare

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Personal

2.2% lower

Cost of Food

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Flemington, New Jersey vs. Franklin township (Somerset County), New Jersey

Cost of Living Comparison

Comparison highlights

Flemington, NJ vs. Franklin Township (Somerset County), NJ

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