Metuchen cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMetuchenNew JerseyNational
Cost of living index138127100
IndexMetuchenNew JerseyNational
Goods & Services index113114100
Groceries index102104100
Health care index102100100
Housing index208166100
Transportation index106107100
Utilities index109110100
Displayed above is a general overview of the Metuchen, NJ cost of living index. The overall cost of living index in Metuchen, NJ is 138, which is 9% higher than the New Jersey average and 38% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Metuchen, NJ are 1% lower than the New Jersey average and 13% higher than the national average.

Did you know?

  • The cost of living in Metuchen is 9% higher than the New Jersey average.
  • The cost of living in Metuchen is 38% higher than the national average.
  • The cost of housing in Metuchen is 108% higher than the national average.
  • New Jersey general sales tax is 37% higher than the national average.
  • New Jersey state income tax is 37% lower than the national average.

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Compare Metuchen, NJ Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Metuchen, NJ to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Metuchen, NJ, you have to earn a higher income in order to still have the same standard of living. To operate the Metuchen, NJ salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$125,128$10,427$2,919$3,754
Renters$63,688$5,307$1,486$1,911
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Metuchen, NJ, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Metuchen, NJ homeowners have a median income of $125,128. Using that number, you will come up with a maximum of $2,919 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $63,688, which means there is a maximum of $1,486 to be spent on the costs of renting a home or apartment.

New Jersey Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Jersey7%7%

New Jersey Income Tax

StateIncome Tax (Low)Income Tax (High)
New Jersey1.4%8.97%
When you are determining the total cost of living in Metuchen, NJ you will want to make sure you consider both the New Jersey sales tax and the New Jersey income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New Jersey is 7%, with the highest surtax being 7%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New Jersey have a range from 1.4% to 8.97%.

Goods & Services

ItemMetuchenNational avg.Difference
Haircut $19.80$15.5627.2%
Beauty Salon $31.53$36.1112.7%
Toothpaste $2.04$2.4717.4%
Shampoo $0.96$0.960.9%
Movie $12.25$10.1321.0%
Bowling $4.44$4.746.3%

Groceries

ItemMetuchenNational avg.Difference
Ground Beef $3.72$3.986.7%
Fried Chicken $1.42$1.411.2%
Milk $2.35$2.0613.9%
Potatoes $2.76$2.987.6%
Pizza $8.16$9.4713.8%
Beer $9.12$8.793.7%

Health Care

ItemMetuchenNational avg.Difference
Optometrist $104.60$101.043.5%
Doctor $88.87$107.4417.3%
Dentist $110.17$90.4221.8%
Ibuprofen $8.59$9.287.4%
Lipitor $389.54$426.508.7%

Housing

ItemMetuchenNational avg.Difference
Home Price $390,500.00$175,700.00122.3%
Avg. Mortgage Payment $1,533.70$1,133.2335.3%
Apartment Rent $1,603.00$920.0074.2%

Transportation

ItemMetuchenNational avg.Difference
Gasoline $1.92$1.993.6%
Tire Balancing $59.07$45.7629.1%

Utilities

ItemMetuchenNational avg.Difference
All Electricity$168.73$163.813.0%
Phone $33.50$28.3918.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Zarephath, NJ01099%
Rossmoor, NJ2,81498-2%
Keansburg, NJ10,01111313%
Newark, NJ278,75011515%
Roselle, NJ21,34811515%
Metuchen, NJ13,70713838%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Piney Green, NC13,70197-3%
Washington, PA13,71583-17%
Richton Park, IL13,71897-3%
Henderson, TX13,72388-12%
Auburn, CA13,69012828%
Metuchen, NJ13,70713838%
Source: The Metuchen, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.