Watchung, NJ Cost Of Living

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Updated: 2020-03-08
Watchung'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 Watchung is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Watchung, NJ?

According to the most recent data on the cost of living, Watchung has an overall cost of living index of 176 which is 1.8x higher than the national index of 100.

Compared to only New Jersey, Watchung has a cost of living index that's 1.4x higher than New Jersey's index of 123.

The standard of living in Watchung ranks as #6176 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Watchung ranks as the #231 most expensive place in the Garden State.

For more reading on life in Watchung, check out:

Watchung Cost Of Living Vs. New Jersey

Living Expense Watchung New Jersey National Average
Overall 176 123 100
Services 114 111 100
Groceries 107 110 100
Health 104 102 100
Housing 332 158 100
Transportation 107 110 100
Utilities 104 100 100
For more reading on cost of living around New Jersey, check out:
Watchung Cost of Living Vs. NJ

Watchung, 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 Watchung New Jersey United States
Median Home Value $719,400 $327,900 $204,900
Median Rent $1,534 $1,295 $1,023
Median Income $153,341 $79,363 $60,293
Home Value To Income 4.7x 4.1x 3.4x
Rent To Monthly Income 0.12x 0.2x 0.2x

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Cost Of Living In Cities Around Watchung

City Population Cost Of Living Vs. Watchung
Plainfield, NJ 50,508 115 0.7x
Westfield, NJ 30,086 170 1.0x
South Plainfield, NJ 23,906 128 0.7x
North Plainfield, NJ 21,640 119 0.7x
Bradley Gardens, NJ 14,417 144 0.8x
Middlesex, NJ 13,659 124 0.7x
New Providence, NJ 12,808 151 0.9x
Florham Park, NJ 11,672 162 0.9x
Martinsville, NJ 11,541 155 0.9x
Succasunna, NJ 8,681 131 0.7x

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