Rahway, NJ Cost Of Living
Cost Of Living In Rahway, NJ Summary
Cost of living in Rahway 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 Rahway 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 Rahway is 120, with 100 being the average.
The cost of living index in Rahway is 1.2x higher than the national average.
Rahway ranks as the #93 cheapest in New Jersey out of 251.
Rahway ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Rahway is $293,300.
The median income in Rahway is $81,368.
Table Of Contents
Rahway's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Rahway, NJ?
According to the most recent data on the cost of living, Rahway has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Rahway has a cost of living index that's 1.1x higher than New Jersey's index of 111.
The standard of living in Rahway ranks as #93 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Rahway ranks as the #158 most expensive place in the Garden State.
For more reading on life in Rahway, check out:
- Living In Rahway
- Rahway Crime Report
- Search Homes For Sale In Rahway, NJ
In New Jersey
In America
Rahway Cost Of Living Vs. New Jersey
Six factors go into calculating the cost of living index in Rahway. Here is how it fairs on each of the criteria:
The Services index in Rahway is 115.
The Groceries index in Rahway is 108.
The Health index in Rahway is 99.
The Housing index in Rahway is 144.
The Transportation index in Rahway is 107.
The Utilities index in Rahway is 102.
| Living Expense | Rahway | New Jersey | National Average | |
|---|---|---|---|---|
| Overall | 120 | 111 | 100 | |
| Services | 115 | 104 | 100 | |
| Groceries | 108 | 104 | 100 | |
| Health | 99 | 95 | 100 | |
| Housing | 144 | 130 | 100 | |
| Transportation | 107 | 106 | 100 | |
| Utilities | 102 | 108 | 100 | |
Rahway, 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 Rahway is $293,300.
The Median Rent in Rahway is $1,405.
The Median Income in Rahway is $81,368.
The Home Value To Income in Rahway is 3.6x.
The Rent To Monthly Income in Rahway is 0.21x.
| Statistic | Rahway | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $293,300 | $355,700 | $244,900 |
| Median Rent | $1,405 | $1,436 | $1,163 |
| Median Income | $81,368 | $89,703 | $69,021 |
| Home Value To Income | 3.6x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.19x | 0.2x |
Median Home Value
Median Rent
Median Income
Rahway, NJ Costs By Category
Detailed Rahway Services Costs Vs. New Jersey
| Item | Rahway | New Jersey |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $12.49 | $10.68 |
| Bowling | $18.0 | $14.67 |
| Haircut | $20.93 | $18.62 |
| Beauty Salon | $36.53 | $39.05 |
Detailed Rahway Groceries Costs Vs. New Jersey
| Item | Rahway | New Jersey |
|---|---|---|
| Ground Beef | $4.09 | $4.22 |
| Fried Chicken | $1.79 | $1.39 |
| Milk | $2.44 | $2.05 |
| Potatoes | $3.25 | $3.29 |
| Pizza | $11.36 | $10.62 |
| Beer | $9.32 | $9.38 |
| Toothpaste | $2.22 | $2.34 |
Detailed Rahway Health Costs Vs. New Jersey
| Item | Rahway | New Jersey |
|---|---|---|
| Optometrist | $106.0 | $108.57 |
| Doctor | $91.0 | $116.17 |
| Dentist | $102.33 | $99.13 |
Detailed Rahway Transportation Costs Vs. New Jersey
| Item | Rahway | New Jersey |
|---|---|---|
| Gasoline | $2.37 | $2.22 |
| Tire Balancing | $54.12 | $50.07 |
Detailed Rahway Utilities Costs Vs. New Jersey
| Item | Rahway | New Jersey |
|---|---|---|
| All Electricity | $178.53 | $167.67 |
| Phone | $179.87 | $175.64 |
Rahway SnackAbility
/10
Cost Of Living In Cities Around Rahway
The cost of living varies in the cities and towns around Rahway. Here's a quick look at the cost of living in the most populous nearby places:
Linden, NJ has a cost of living index of 119, 1.0x Rahway.
Westfield, NJ has a cost of living index of 170, 1.4x Rahway.
Carteret, NJ has a cost of living index of 120, 1.0x Rahway.
| City | Population | Cost Of Living | Vs. Rahway |
|---|---|---|---|
| Linden, NJ | 43,387 | 119 | 1.0x |
| Westfield, NJ | 30,950 | 170 | 1.4x |
| Carteret, NJ | 25,077 | 120 | 1.0x |
| Roselle, NJ | 22,511 | 112 | 0.9x |
| Woodbridge, NJ | 21,314 | 122 | 1.0x |
| Colonia, NJ | 18,776 | 127 | 1.1x |
| Iselin, NJ | 17,684 | 122 | 1.0x |
| Avenel, NJ | 17,132 | 117 | 1.0x |
| Middlesex, NJ | 14,513 | 123 | 1.0x |
| Florham Park, NJ | 12,655 | 165 | 1.4x |
