What is a pro or con of living in Peapack and Gladstone, New Jerseycompared to Somerset, New Jersey?

Median Home Cost is 91% more expensive in Peapack and Gladstone.

What salary do I need to live in Peapack and Gladstone, New Jersey copmared to Somerset, New Jersey?

A salary of $120,000 in Somerset, New Jersey should increase to $153,067 in Peapack and Gladstone, New Jersey (assumptions include Homeowner, no Child Care, and Taxes are not considered.

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.

SOMERSET vs. PEAPACK AND GLADSTONE
Cost of Living Comparison

Somerset, New Jersey vs. Peapack and Gladstone, New Jersey

Cost of Living Comparison

The cost of living in Peapack and Gladstone, New Jersey is 27.6% more expensive than Somerset, New Jersey.

You would need a salary of $153,067 in Peapack and Gladstone, New Jersey to maintain the standard of living you have in Somerset, New Jersey.

Comparison highlights

• Overall, Peapack and Gladstone, New Jersey is more expensive than Somerset, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
91% more expensive in Peapack and Gladstone
than in Somerset, New Jersey

Somerset, NJ vs. Peapack And Gladstone, NJ

Compared to Somerset, Peapack And Gladstone is:

Homeowner

No Child Care, Taxes not Considered

27.6% higher

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

4.8% higher

Housing (Homeowner)

107.6% higher

Housing (Rent)

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Median Home Cost

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Utilities

3.7% lower

Commute

1.7% lower

Health

0.0% higher

Taxes

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Childcare

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Personal

0.3% lower

Cost of Food

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Somerset, New Jersey vs. Peapack and Gladstone, New Jersey

Cost of Living Comparison

Comparison highlights

Somerset, NJ vs. Peapack And Gladstone, NJ

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