Succasunna, NJ Cost Of Living
Cost Of Living In Succasunna, NJ Summary
Cost of living in Succasunna 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 Succasunna 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 Succasunna is 134, with 100 being the average.
The cost of living index in Succasunna is 1.3x higher than the national average.
Succasunna ranks as the #149 cheapest in New Jersey out of 251.
Succasunna ranks as the #5,400 cheapest out of 6,412 in the US.
The median home value in Succasunna is $418,500.
The median income in Succasunna is $151,016.
Table Of Contents
Succasunna's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Succasunna, NJ?
According to the most recent data on the cost of living, Succasunna has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to New Jersey, Succasunna has a cost of living index that's 1.2x higher than New Jersey's index of 111.
The standard of living in Succasunna ranks as #149 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Succasunna ranks as the #102 most expensive place in the Garden State.
For more reading on life in Succasunna, check out:
- Living In Succasunna
- Search Homes For Sale In Succasunna, NJ
In New Jersey
In America
Succasunna Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Succasunna. Here is how it fairs on each of the criteria:
The Services index in Succasunna is 104.
The Groceries index in Succasunna is 116.
The Health index in Succasunna is 101.
The Housing index in Succasunna is 198.
The Transportation index in Succasunna is 112.
The Utilities index in Succasunna is 91.
| Living Expense | Succasunna | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 134 | 111 | 100 | |
| Services | 104 | 104 | 100 | |
| Groceries | 116 | 104 | 100 | |
| Health | 101 | 95 | 100 | |
| Housing | 198 | 130 | 100 | |
| Transportation | 112 | 106 | 100 | |
| Utilities | 91 | 108 | 100 | |
Succasunna, 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 Succasunna is $418,500.
The Median Rent in Succasunna is $2,112.
The Median Income in Succasunna is $151,016.
The Home Value To Income in Succasunna is 2.8x.
The Rent To Monthly Income in Succasunna is 0.17x.
| Statistic | Succasunna | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $418,500 | $355,700 | $244,900 |
| Median Rent | $2,112 | $1,436 | $1,163 |
| Median Income | $151,016 | $89,703 | $69,021 |
| Home Value To Income | 2.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Succasunna, NJ Costs By Category
Detailed Succasunna Services Costs Vs. New Jersey
| Item | Succasunna | 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 Succasunna Groceries Costs Vs. New Jersey
| Item | Succasunna | 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 Succasunna Health Costs Vs. New Jersey
| Item | Succasunna | New Jersey |
|---|---|---|
| Optometrist | $92.33 | $108.57 |
| Doctor | $99.57 | $116.17 |
| Dentist | $116.16 | $99.13 |
Detailed Succasunna Transportation Costs Vs. New Jersey
| Item | Succasunna | New Jersey |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $53.07 | $50.07 |
Detailed Succasunna Utilities Costs Vs. New Jersey
| Item | Succasunna | New Jersey |
|---|---|---|
| All Electricity | $147.86 | $167.67 |
| Phone | $179.87 | $175.64 |
Succasunna SnackAbility
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Cost Of Living In Cities Around Succasunna
The cost of living varies in the cities and towns around Succasunna. Here's a quick look at the cost of living in the most populous nearby places:
Dover, NJ has a cost of living index of 118, 0.9x Succasunna.
Bradley Gardens, NJ has a cost of living index of 144, 1.1x Succasunna.
Florham Park, NJ has a cost of living index of 165, 1.2x Succasunna.
| City | Population | Cost Of Living | Vs. Succasunna |
|---|---|---|---|
| Dover, NJ | 18,418 | 118 | 0.9x |
| Bradley Gardens, NJ | 14,798 | 144 | 1.1x |
| Florham Park, NJ | 12,655 | 165 | 1.2x |
| Martinsville, NJ | 11,980 | 155 | 1.2x |
| Lincoln Park, NJ | 10,877 | 124 | 0.9x |
| Budd Lake, NJ | 9,971 | 118 | 0.9x |
| White Meadow Lake, NJ | 9,069 | 129 | 1.0x |
| Boonton, NJ | 8,770 | 126 | 0.9x |
| Wharton, NJ | 7,175 | 117 | 0.9x |
| Mountainside, NJ | 7,003 | 170 | 1.3x |
