Roseland, NJ Cost Of Living
Cost Of Living In Roseland, NJ Summary
Cost of living in Roseland research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Roseland is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Roseland is 147, with 100 being the average.
The cost of living index in Roseland is 1.5x higher than the national average.
Roseland ranks as the #193 cheapest in New Jersey out of 251.
Roseland ranks as the #5,771 cheapest out of 6,412 in the US.
The median home value in Roseland is $551,900.
The median income in Roseland is $145,994.
Table Of Contents
Roseland's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Roseland, NJ?
According to the most recent data on the cost of living, Roseland has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to New Jersey, Roseland has a cost of living index that's 1.3x higher than New Jersey's index of 111.
The standard of living in Roseland ranks as #193 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Roseland ranks as the #58 most expensive place in the Garden State.
For more reading on life in Roseland, check out:
- Living In Roseland
- Roseland Crime Report
- Search Homes For Sale In Roseland, NJ
In New Jersey
In America
Roseland Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Roseland. Here is how it fairs on each of the criteria:
The Services index in Roseland is 105.
The Groceries index in Roseland is 114.
The Health index in Roseland is 101.
The Housing index in Roseland is 248.
The Transportation index in Roseland is 112.
The Utilities index in Roseland is 94.
| Living Expense | Roseland | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 147 | 111 | 100 | |
| Services | 105 | 104 | 100 | |
| Groceries | 114 | 104 | 100 | |
| Health | 101 | 95 | 100 | |
| Housing | 248 | 130 | 100 | |
| Transportation | 112 | 106 | 100 | |
| Utilities | 94 | 108 | 100 | |
Roseland, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Roseland is $551,900.
The Median Rent in Roseland is $2,598.
The Median Income in Roseland is $145,994.
The Home Value To Income in Roseland is 3.8x.
The Rent To Monthly Income in Roseland is 0.21x.
| Statistic | Roseland | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $551,900 | $355,700 | $244,900 |
| Median Rent | $2,598 | $1,436 | $1,163 |
| Median Income | $145,994 | $89,703 | $69,021 |
| Home Value To Income | 3.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Roseland, NJ Costs By Category
Detailed Roseland Services Costs Vs. New Jersey
| Item | Roseland | New Jersey |
|---|---|---|
| Shampoo | $1.09 | $1.06 |
| Movie | $12.38 | $10.68 |
| Bowling | $20.56 | $14.67 |
| Haircut | $20.96 | $18.62 |
| Beauty Salon | $45.37 | $39.05 |
Detailed Roseland Groceries Costs Vs. New Jersey
| Item | Roseland | New Jersey |
|---|---|---|
| Ground Beef | $4.21 | $4.22 |
| Fried Chicken | $1.94 | $1.39 |
| Milk | $2.37 | $2.05 |
| Potatoes | $3.52 | $3.29 |
| Pizza | $11.27 | $10.62 |
| Beer | $8.27 | $9.38 |
| Toothpaste | $2.06 | $2.34 |
Detailed Roseland Health Costs Vs. New Jersey
| Item | Roseland | New Jersey |
|---|---|---|
| Optometrist | $92.33 | $108.57 |
| Doctor | $99.57 | $116.17 |
| Dentist | $116.16 | $99.13 |
Detailed Roseland Transportation Costs Vs. New Jersey
| Item | Roseland | New Jersey |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $53.07 | $50.07 |
Detailed Roseland Utilities Costs Vs. New Jersey
| Item | Roseland | New Jersey |
|---|---|---|
| All Electricity | $147.86 | $167.67 |
| Phone | $179.87 | $175.64 |
Roseland SnackAbility
/10
Cost Of Living In Cities Around Roseland
The cost of living varies in the cities and towns around Roseland. Here's a quick look at the cost of living in the most populous nearby places:
East Orange, NJ has a cost of living index of 108, 0.7x Roseland.
Westfield, NJ has a cost of living index of 170, 1.2x Roseland.
Short Hills, NJ has a cost of living index of 241, 1.6x Roseland.
| City | Population | Cost Of Living | Vs. Roseland |
|---|---|---|---|
| East Orange, NJ | 68,918 | 108 | 0.7x |
| Westfield, NJ | 30,950 | 170 | 1.2x |
| Short Hills, NJ | 14,500 | 241 | 1.6x |
| Oakland, NJ | 12,773 | 138 | 0.9x |
| Florham Park, NJ | 12,655 | 165 | 1.1x |
| Hasbrouck Heights, NJ | 12,120 | 134 | 0.9x |
| Glen Rock, NJ | 12,098 | 163 | 1.1x |
| Upper Montclair, NJ | 12,033 | 169 | 1.1x |
| Lincoln Park, NJ | 10,877 | 124 | 0.8x |
| Hillsdale, NJ | 10,166 | 162 | 1.1x |
