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SOMERSET vs. ELKIN
Cost of Living Comparison

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Cost of Living Calculator - Somerset, New Jersey vs Elkin, North Carolina

The cost of living in Elkin, North Carolina is 37.9% cheaper than Somerset, New Jersey.

You would need a salary of $31,030 in Elkin, North Carolina to maintain the standard of living you have in Somerset, New Jersey.

Comparison highlights

• Overall, Elkin, North Carolina is cheaper than Somerset, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
55% cheaper in Elkin
than in Somerset, New Jersey

Somerset, NJ vs Elkin, NC

Compared to Somerset, Elkin is:

Homeowner

No Child Care, Taxes not Considered

37.9% 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

10.8% lower

Housing (Homeowner)

66.3% lower

Housing (Rent)

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Median Home Cost

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Utilities

7.0% lower

Commute

52.1% lower

Health

17.8% higher

Taxes

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Childcare

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Personal

20.8% lower

Cost of Food

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