Summit, New Jersey vs. Rumson, New Jersey

Cost of Living Comparison

The cost of living in Rumson, New Jersey is 27.9% more expensive than Summit, New Jersey.

You would need a salary of $95,913 in Rumson, New Jersey to maintain the standard of living you have in Summit, New Jersey.
Comparison highlights
• Overall, Rumson, New Jersey is more expensive than Summit, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
56% more expensive in Rumson
than in Summit, New Jersey
Summit, NJ vs. Rumson, NJ
Compared to Summit, Rumson is:
  Homeowner
      No Child Care, Taxes not Considered
  27.9% 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
  1.1% higher
  Housing (Homeowner)
  47.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  3.7% lower
  Commute
  16.8% lower
  Health
  0.8% higher
  Taxes
  Childcare
  Personal
  4.1% higher