Roseland, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Roseland, NJ Summary

Cost of living in Roseland 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 Roseland 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 Roseland is 147, with 100 being the average.

  • The cost of living index in Roseland is 1.5x higher than the national average.

  • Roseland ranks as the #193 cheapest in New Jersey out of 251.

  • Roseland ranks as the #5,771 cheapest out of 6,412 in the US.

  • The median home value in Roseland is $551,900.

  • The median income in Roseland is $145,994.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
147
Roseland's Overall Cost Of Living
1.5x
Higher Than The National Average

What is the cost of living in Roseland, NJ?

According to the most recent data on the cost of living, Roseland has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.

Compared to New Jersey, Roseland has a cost of living index that's 1.3x higher than New Jersey's index of 111.

The standard of living in Roseland ranks as #193 most affordable out of the 251 places we measured in New Jersey. By definition, that implies Roseland ranks as the #58 most expensive place in the Garden State.

For more reading on life in Roseland, check out:

193 out of 251
In New Jersey
5,771 out of 6,412
In America

Roseland Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Roseland. Here is how it fairs on each of the criteria:

  • The Services index in Roseland is 105.

  • The Groceries index in Roseland is 114.

  • The Health index in Roseland is 101.

  • The Housing index in Roseland is 248.

  • The Transportation index in Roseland is 112.

  • The Utilities index in Roseland is 94.

Living Expense Roseland New Jersey National Average
Overall 147 111 100
Services 105 104 100
Groceries 114 104 100
Health 101 95 100
Housing 248 130 100
Transportation 112 106 100
Utilities 94 108 100
For more reading on cost of living around New Jersey, check out:
Roseland Cost of Living Vs. NJ

Roseland, 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 Roseland is $551,900.

  • The Median Rent in Roseland is $2,598.

  • The Median Income in Roseland is $145,994.

  • The Home Value To Income in Roseland is 3.8x.

  • The Rent To Monthly Income in Roseland is 0.21x.

Statistic Roseland New Jersey United States
Median Home Value $551,900 $355,700 $244,900
Median Rent $2,598 $1,436 $1,163
Median Income $145,994 $89,703 $69,021
Home Value To Income 3.8x 4.0x 3.5x
Rent To Monthly Income 0.21x 0.19x 0.2x
Search Homes For Sale In Roseland, NJ
$551,900
Median Home Value
$2,598
Median Rent
$145,994
Median Income

Roseland, NJ Costs By Category

Detailed Roseland Services Costs Vs. New Jersey

Item Roseland 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 Roseland Groceries Costs Vs. New Jersey

Item Roseland 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 Roseland Health Costs Vs. New Jersey

Item Roseland New Jersey
Optometrist $92.33 $108.57
Doctor $99.57 $116.17
Dentist $116.16 $99.13

Detailed Roseland Transportation Costs Vs. New Jersey

Item Roseland New Jersey
Gasoline $2.45 $2.22
Tire Balancing $53.07 $50.07

Detailed Roseland Utilities Costs Vs. New Jersey

Item Roseland New Jersey
All Electricity $147.86 $167.67
Phone $179.87 $175.64

Roseland SnackAbility

10
/10
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
6
Diversity
8
Safety
9
Amenities
8
Education
9.5
Commute
5

Cost Of Living In Cities Around Roseland

The cost of living varies in the cities and towns around Roseland. Here's a quick look at the cost of living in the most populous nearby places:

  • East Orange, NJ has a cost of living index of 108, 0.7x Roseland.

  • Westfield, NJ has a cost of living index of 170, 1.2x Roseland.

  • Short Hills, NJ has a cost of living index of 241, 1.6x Roseland.

City Population Cost Of Living Vs. Roseland
East Orange, NJ 68,918 108 0.7x
Westfield, NJ 30,950 170 1.2x
Short Hills, NJ 14,500 241 1.6x
Oakland, NJ 12,773 138 0.9x
Florham Park, NJ 12,655 165 1.1x
Hasbrouck Heights, NJ 12,120 134 0.9x
Glen Rock, NJ 12,098 163 1.1x
Upper Montclair, NJ 12,033 169 1.1x
Lincoln Park, NJ 10,877 124 0.8x
Hillsdale, NJ 10,166 162 1.1x

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