Raritan township (Hunterdon County), NJ Cost of Living


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How much do I need to live in Raritan township (Hunterdon County), New Jersey?
$8,790 / month
for a family, 62.8% more expensive than the national average A total of $105,480 for the year for a family.
$5,233 / month
for a single person, 9.8% more expensive than the national average A total of $62,800 for the year for a single person.

Raritan township (Hunterdon County) cost of living score
130.5
More expensive
30.5% higher
than the US average
8.9% higher
than the New Jersey average
Raritan township (Hunterdon County), New Jersey gets a BestPlaces Cost of Living score of 130.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.5% higher than the U.S. average and 8.9% lower than the average for New Jersey.

Raritan township (Hunterdon County), NJ

Housing costs in Raritan township (Hunterdon County)?
A typical home costs $550,900, which is 62.9% more expensive than the national average of $338,100 and 27.5% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Raritan township (Hunterdon County) costs $1,980 per month, which is 38.5% more than the national average of $1,430 and 13.6% more than the state average of $1,710.

Can I afford Raritan township (Hunterdon County)?
To live comfortably in Raritan township (Hunterdon County), New Jersey, a minimum annual income of $105,480 for a family, and $62,800 for a single person is recommended.

What does A.I. say about Raritan township (Hunterdon County)?
The cost of living in Raritan, NJ is generally higher than the national average. The median home price in Raritan is about $360,000 which is significantly higher than the national median home price of $229,700. Renters can expect to pay around $1,500 for a two bedroom apartment. Other costs like transportation, food and utilities are also slightly above average. In general, Raritan is an expensive place to live but offers many unique benefits that come with living in a vibrant New Jersey town.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRaritan township (Hunterdon County)New JerseyUnited States
    Unlock119.8100.0
  106.2  Unlock100.0
    Unlock96.9100.0
  128.6  Unlock100.0
    Unlock$432,100$338,100
  105.1  Unlock100.0
    Unlock127.7100.0
  143.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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