Memphis, Tennessee vs. Somerset, New Jersey

Cost of Living Comparison

The cost of living in Somerset, New Jersey is 61.5% more expensive than Memphis, Tennessee.

You would need a salary of $290,787 in Somerset, New Jersey to maintain the standard of living you have in Memphis, Tennessee.
Comparison highlights
• Overall, Somerset, New Jersey is more expensive than Memphis, Tennessee
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
191% more expensive in Somerset
than in Memphis, Tennessee
Memphis, TN vs. Somerset, NJ
Compared to Memphis, Somerset is:
  Homeowner
      No Child Care, Taxes not Considered
  61.5% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  12.8% higher
  Housing (Homeowner)
  266.0% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  13.7% higher
  Commute
  50.6% higher
  Health
  0.7% higher
  Taxes
  Childcare
  Personal
  34.4% higher