Zip 07921 (Bedminster, NJ) Cost of Living


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Bedminster cost of living score
131.6
More expensive
31.6% higher
than the US average
9.8% higher
than the New Jersey average
Bedminster (zip 07921), New Jersey gets a BestPlaces Cost of Living score of 131.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.6% higher than the U.S. average and 9.8% lower than the average for New Jersey.

Zip 07921 (Bedminster, NJ)

Housing costs in Bedminster?
A typical home costs $416,700, which is 23.2% more expensive than the national average of $338,100 and 3.6% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Bedminster costs $2,620 per month, which is 83.2% more than the national average of $1,430 and 34.7% more than the state average of $1,710.

Can I afford Bedminster?
To live comfortably in Bedminster (zip 07921), New Jersey, a minimum annual income of $79,920 for a family, and $82,800 for a single person is recommended.

What does A.I. say about Bedminster?
Living in 07921 Bedminster, NJ has a relatively high cost of living. The cost of housing is much higher than the national average, with the median home value estimated to be around $619,400. Other expenses such as groceries and utilities also tend to be more expensive than in other parts of the country. Despite this, Bedminster is a great place to live because it offers many luxuries that make up for its higher costs. It's close proximity to major cities like New York City and Philadelphia make it ideal for those looking for easy access to jobs or entertainment options. Its picturesque downtown area provides one-of-a-kind restaurants and shops sure to make any day enjoyable.
   Cost of living score
     CategoriesBedminsterNew JerseyUnited States
  131.6119.8100.0
  105.1105.8100
  97.596.9100.0
  130.3136.4100.0
  $416,700$432,100$338,100
  105.5%109.2%100.0%
  136.8127.7100.0
  143.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime