2025 Compare Cities Cost of Living:
New Providence, NJ vs Somerset, NJ

Change Cities
Highlights
Is it cheaper to live in Somerset or is it cheaper to live in New Providence?
- Somerset is 1.6% more expensive than New Providence.

Which city has more affordable housing, Somerset or New Providence?
- Somerset housing costs are 39.7% less expensive than New Providence housing costs.

Is Health Care more affordable in New Providence or is Health Care more affordable in Somerset.
- Health related expenses are 0.0% less in Somerset.
 New Providence, NJSomerset, NJUnited States
 Overall  Unlock131.6100
 Food & Groceries109.8  Unlock100
 Health  Unlock97.5100
 Housing228.6  Unlock100
 Median Home Cost  Unlock$432,200$338,100
 Utilities106  Unlock100
 Transportation  Unlock142.3100
 Miscellaneous110.3  Unlock100
100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
DID YOU KNOW?

In order to keep your same standard of living your salary can vary greatly - whether you buy or rent, require child care, or want to include taxes. This is why we are now offering a Premium Salary & Cost of Living Calculator.

Our Premium Calculator Includes:
- Compare Cities cost of living across 9 different categories
- Personal salary calculations can optionally include Home ownership or rental, Child care, and Taxes (with details on state and local sales, income, property and automobile taxes)
- Includes the cost of Child Care for toddlers or infants, at a day care center or home care
- Grocery prices, detailed for 29 staple items in six categories
- Difference in cost of Utilities, including electric, gas and fuel oil
- Health Care Premiums and hospital expenses for major surgeries
- Taxes, Fees and Expenses you should know about, such as local car insurance rates, automobile taxes and registration, commuting costs.
- and 100s of other items you should consider before you relocate

Upgrade to Premium | See Example

Reviews for New Providence    3 Reviews

Highest in the nation. Escape if you  More

   |    Reply

Over 16 years ago

New Providence, once an adorable, comfortable, quiet town is turning for the  More

   |    Reply

Over 17 years ago

We moved to New Providence last summer and it is one of the nicest places I have lived. Quiet, safe with great schools and great surrounding towns. It borders Chatham  More

   |    Reply

Start Your Review of New Providence

Reviews for Somerset    7 Reviews

Over 11 years ago

I am moving to Somerset. I have heard that Cost of living to too high in somerset. I am getting a pay Of $72,800.00 per year. Can I survive with this pay. I am moving  More

   |    Reply

Over 13 years ago

best plce for 55+  More

   |    Reply

Over 18 years ago

Very nice place to live. Very  More

   |    Reply

Start Your Review of Somerset


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.