Bernardsville, NJ Cost of Living


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Bernardsville cost of living score
131.6
More expensive
31.6% higher
than the US average
9.8% higher
than the New Jersey average
Bernardsville, 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.

Bernardsville, NJ

Housing costs in Bernardsville?
A typical home costs $753,300, which is 122.8% more expensive than the national average of $338,100 and 74.3% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Bernardsville costs $2,240 per month, which is 56.6% more than the national average of $1,430 and 23.7% more than the state average of $1,710.

Can I afford Bernardsville?
To live comfortably in Bernardsville, New Jersey, a minimum annual income of $144,360 for a family, and $70,800 for a single person is recommended.

What does A.I. say about Bernardsville?
The cost of living in Bernardsville, NJ is quite high. According to Sperling's Best Places, the overall cost of living for Bernardsville is 113.4, making it significantly higher than the national average of 100. This is largely driven by housing prices - the median home cost in the area is nearly 50% more expensive than the national average. Additionally, groceries and healthcare costs are also slightly above average compared to other parts of the country. Despite this higher cost of living, many people still find Bernardsville an attractive place to live due to its charming small-town atmosphere, excellent school systems, and proximity to larger cities like New York City and Philadelphia.
   Cost of living score
     CategoriesBernardsvilleNew JerseyUnited States
  131.6119.8100.0
  110.1105.8100
  97.596.9100.0
  250.2136.4100.0
  $753,300$432,100$338,100
  104.2%109.2%100.0%
  142.0127.7100.0
  143.3112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Bernardsville
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Over 15 years ago

Tick borne illness is very high in my area. There is also a very high incidence of  More

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Over 15 years ago

Very expensive - high property taxes, lots of frills in the schools, NJ as a state has a huge deficit, so high taxes  More

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Over 16 years ago

Bernardsville, New Jersey is a charming town with population of 7,345 that has a semi-rural and suburban character. Bernardsville is located 35 west of New York City  More

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