Summary of The Cost of Living in New Jersey, United States
• The average monthly cost of living for a single person in New Jersey is $4,420.00 including rent, or $2,320.00 excluding rent.
• The average monthly cost of living for a couple (2 adults) in New Jersey is $5,993.00 including rent, or $3,893.00 excluding rent.
• The average monthly cost of living for a family of four (2 adults + 2 children) in New Jersey is $8,313.50 including rent, or $5,583.50 excluding rent.
• The average yearly cost of living in New Jersey ranges from $53,040.00 for a single person to $71,916.00 for a couple, and $99,762.00 for a family of four, including rent. Excluding rent, the yearly range is $27,840.00 for a single person to $46,716.00 for a couple, and $67,002.00 for a family of four.
• For budget-conscious living in New Jersey, baseline monthly expenses range from $2,615.00 for a single person to $3,479.50 for a couple, and $4,826.00 for a family of four, including rent. Excluding rent, the range is $1,215.00 for a single person to $2,079.50 for a couple, and $3,006.00 for a family of four.
• For comfortable/luxury living in New Jersey, estimated monthly expenses range from $7,650.00 for a single person to $10,537.50 for a couple, and $14,572.00 for a family of four, including rent. Excluding rent, the range is $4,450.00 for a single person to $7,337.50 for a couple, and $10,412.00 for a family of four.
• The average monthly salary for a person in New Jersey is $5,850.00, which is 152.2% more than the average monthly cost of living and 381.5% more than the budget cost of living for a single person, excluding rent.
Cost of Living Details
| Category | Subcategory | Description | Cost Range (Monthly) |
|---|---|---|---|
| Monthly rent for your primary residence (apartments, houses, condos) | |||
| Monthly electricity bill | |||
| Monthly running water bill | |||
| Monthly broadband internet subscription with unlimited data and cable TV | |||
| Monthly gas and heating expenses | |||
| Monthly mobile phone plan with data and calling | |||
| Monthly food and grocery expenses | |||
| Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) | |||
| Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) | |||
| Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) | |||
| Monthly expenses for clothing, shoes, and accessories | |||
| Monthly health insurance cost | |||
| Monthly prescription medications and pharmacy expenses | |||
| Monthly doctor visits and dental care expenses | |||
| Monthly gym membership | |||
| Monthly expenses for laundry and housekeeping services | |||
| Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) | |||
| Monthly childcare and school fees | |||
| Total (selected items only) | |||
Expense Distribution
Salary Info
| Category | Subcategory | Description | Salary Range (Monthly) |
|---|---|---|---|
| Salary | Salary | Monthly salary (full-time) |