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Cost & Benefits

Cost of living in Carteret, New Jersey

Simple answer

Typical rent is $2,032 a month.

Carteret is a borough in New Jersey. That rent number includes utilities. A typical household earns $96,862 a year.

People
25,496
Census average, 2020–2024
Typical rent
$2,032
Median gross rent, includes utilities
Typical pay
$96,862
Median household income, yearly
Typical home
$405,800
Median home value
2-bedroom fair rent
$2,623
Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area

Carteret, New Jersey has about 25,496 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $405,800.

HUD's fair-market rent for a 2-bedroom in Middlesex County is $2,623 a month. That is the county number, not an apartment listing in Carteret. It runs from October 2026 through September 2027.

In the New York-Newark-Jersey City, NY-NJ metro area, prices sit at 112.6 when the U.S. average is 100. That is a 2024 BEA index.

New Jersey taxes wages. A typical combined sales tax is 6.6% as of January 1, 2026. That mix is statewide, not Carteret's exact store tax.

In July 2026, a typical New Jersey home paid 25.19¢ per kilowatt-hour. That is a state average from EIA, not Carteret's bill.

EIA did not publish a 2025 all-grades gas price for New Jersey in the table we use.

Among 485 places we list in New Jersey with a rent figure, 146 have higher typical rent than Carteret.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in New Jersey

Bigger places in New Jersey

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.