Cost Of Living in Andover, NJ

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F

28%

Overall NAT. AVG.

10%

Groceries NAT. AVG.

59%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Andover	New Jersey	National
Cost of living	128	125	100
Groceries	110	108	100
Health care	112	112	100
Housing	159	157	100
Transportation	120	114	100
Utilities	112	111	100
Lifestyle & Entertainment	112	113	100
Household Items	110	107	100
Education & Childcare	128	120	100

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Homes For Sale In Andover, NJ

107 South St

Andover, NJ

137 S Shore Rd

Byram Township, NJ

41 Crescent Dr S

Byram Township, NJ

42 Scenic Dr

Andover, NJ

Cost Of Living Quick Facts

The cost of living in Andover is 2% higher than the New Jersey average
The cost of living in Andover is 28% higher than the national average
Andover housing is 59% higher than the national average
New Jersey general sales tax is 30% higher than the national average
New Jersey state income tax is 46% lower than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$164,634	$13,720	$3,841	$4,940
Renters	$58,605	$4,884	$1,367	$1,758

New Jersey Sales Tax

State	General Sales Tax	With Max Surtax
New Jersey	6.625%	12.625%

New Jersey Income Tax

State	Income Tax (Low)	Income Tax (High)
New Jersey	1.4%	10.75%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Buttzville, NJ	59	99	1.2%
Great Meadows, NJ	272	99	1.2%
Pocono Ranch Lands, PA	1,225	90	9.6%
Oxford, NJ	1,332	95	5.0%
Vernon Center, NJ	1,518	103	3.2%
Andover, NJ	692	128	27.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Lenox, GA	692	83	17.4%
Rose City, MI	692	79	20.9%
Brandon, MN	692	90	9.5%
Clear Lake, MN	692	100	0.2%
Bevier, MO	692	81	18.9%
Andover, NJ	692	128	27.8%