South River, NJ Cost Of Living
Cost Of Living In South River, NJ Summary
Cost of living in South River 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 South River 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 South River is 119, with 100 being the average.
The cost of living index in South River is 1.2x higher than the national average.
South River ranks as the #87 cheapest in New Jersey out of 251.
South River ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in South River is $322,200.
The median income in South River is $82,031.
Table Of Contents
South River's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in South River, NJ?
According to the most recent data on the cost of living, South River has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to New Jersey, South River has a cost of living index that's 1.1x higher than New Jersey's index of 111.
The standard of living in South River ranks as #87 most affordable out of the 251 places we measured in New Jersey. By definition, that implies South River ranks as the #164 most expensive place in the Garden State.
For more reading on life in South River, check out:
- Living In South River
- South River Crime Report
- Search Homes For Sale In South River, NJ
In New Jersey
In America
South River Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in South River. Here is how it fairs on each of the criteria:
The Services index in South River is 111.
The Groceries index in South River is 106.
The Health index in South River is 104.
The Housing index in South River is 139.
The Transportation index in South River is 106.
The Utilities index in South River is 104.
| Living Expense | South River | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 119 | 111 | 100 | |
| Services | 111 | 104 | 100 | |
| Groceries | 106 | 104 | 100 | |
| Health | 104 | 95 | 100 | |
| Housing | 139 | 130 | 100 | |
| Transportation | 106 | 106 | 100 | |
| Utilities | 104 | 108 | 100 | |
South River, 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 South River is $322,200.
The Median Rent in South River is $1,416.
The Median Income in South River is $82,031.
The Home Value To Income in South River is 3.9x.
The Rent To Monthly Income in South River is 0.21x.
| Statistic | South River | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $322,200 | $355,700 | $244,900 |
| Median Rent | $1,416 | $1,436 | $1,163 |
| Median Income | $82,031 | $89,703 | $69,021 |
| Home Value To Income | 3.9x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
South River, NJ Costs By Category
Detailed South River Services Costs Vs. New Jersey
| Item | South River | New Jersey |
|---|---|---|
| Shampoo | $1.03 | $1.06 |
| Movie | $12.59 | $10.68 |
| Bowling | $17.73 | $14.67 |
| Haircut | $20.73 | $18.62 |
| Beauty Salon | $36.4 | $39.05 |
Detailed South River Groceries Costs Vs. New Jersey
| Item | South River | New Jersey |
|---|---|---|
| Ground Beef | $3.87 | $4.22 |
| Fried Chicken | $1.67 | $1.39 |
| Milk | $2.41 | $2.05 |
| Potatoes | $3.09 | $3.29 |
| Pizza | $11.4 | $10.62 |
| Beer | $9.19 | $9.38 |
| Toothpaste | $2.16 | $2.34 |
Detailed South River Health Costs Vs. New Jersey
| Item | South River | New Jersey |
|---|---|---|
| Optometrist | $101.33 | $108.57 |
| Doctor | $94.5 | $116.17 |
| Dentist | $113.15 | $99.13 |
Detailed South River Transportation Costs Vs. New Jersey
| Item | South River | New Jersey |
|---|---|---|
| Gasoline | $2.26 | $2.22 |
| Tire Balancing | $56.66 | $50.07 |
Detailed South River Utilities Costs Vs. New Jersey
| Item | South River | New Jersey |
|---|---|---|
| All Electricity | $174.26 | $167.67 |
| Phone | $179.87 | $175.64 |
South River SnackAbility
/10
Cost Of Living In Cities Around South River
The cost of living varies in the cities and towns around South River. Here's a quick look at the cost of living in the most populous nearby places:
New Brunswick, NJ has a cost of living index of 117, 1.0x South River.
Sayreville, NJ has a cost of living index of 118, 1.0x South River.
Westfield, NJ has a cost of living index of 170, 1.4x South River.
| City | Population | Cost Of Living | Vs. South River |
|---|---|---|---|
| New Brunswick, NJ | 55,671 | 117 | 1.0x |
| Sayreville, NJ | 45,062 | 118 | 1.0x |
| Westfield, NJ | 30,950 | 170 | 1.4x |
| Old Bridge, NJ | 28,252 | 125 | 1.1x |
| Colonia, NJ | 18,776 | 127 | 1.1x |
| Highland Park, NJ | 14,947 | 128 | 1.1x |
| Bradley Gardens, NJ | 14,798 | 144 | 1.2x |
| Middlesex, NJ | 14,513 | 123 | 1.0x |
| New Providence, NJ | 13,570 | 154 | 1.3x |
| Martinsville, NJ | 11,980 | 155 | 1.3x |
