Spotswood, NJ Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2020-03-08
Spotswood's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Spotswood is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Spotswood, NJ?

According to the most recent data on the cost of living, Spotswood has an overall cost of living index of 118 which is 1.2x higher than the national index of 100.

Compared to only New Jersey, Spotswood has a cost of living index that's 1.0x lower than New Jersey's index of 123.

The standard of living in Spotswood ranks as #4691 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Spotswood ranks as the #1716 most expensive place in the Garden State.

For more reading on life in Spotswood, check out:

Spotswood Cost Of Living Vs. New Jersey

Living Expense Spotswood New Jersey National Average
Overall 118 123 100
Services 114 111 100
Groceries 107 110 100
Health 104 102 100
Housing 138 158 100
Transportation 107 110 100
Utilities 104 100 100
For more reading on cost of living around New Jersey, check out:
Spotswood Cost of Living Vs. NJ

Spotswood, NJ Housing Cost Breakdown

Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Spotswood New Jersey United States
Median Home Value $292,400 $327,900 $204,900
Median Rent $927 $1,295 $1,023
Median Income $76,055 $79,363 $60,293
Home Value To Income 3.8x 4.1x 3.4x
Rent To Monthly Income 0.15x 0.2x 0.2x

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Cost Of Living In Cities Around Spotswood

City Population Cost Of Living Vs. Spotswood
Sayreville, NJ 44,285 121 1.0x
Westfield, NJ 30,086 170 1.4x
Old Bridge, NJ 23,607 126 1.1x
South River, NJ 16,091 119 1.0x
Bradley Gardens, NJ 14,417 144 1.2x
Middlesex, NJ 13,659 124 1.1x
Mercerville, NJ 12,574 117 1.0x
Hamilton Square, NJ 12,542 129 1.1x
Martinsville, NJ 11,541 155 1.3x
Twin Rivers, NJ 7,067 114 1.0x

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