Cost of living in Somerset, New Jersey
Simple answer
Typical rent is $2,121 a month.
Somerset is a Census community, not a separate city government in New Jersey. That rent number includes utilities. A typical household earns $121,028 a year.
- People
- 22,720
- Census average, 2020–2024
- Typical rent
- $2,121
- Median gross rent, includes utilities
- Typical pay
- $121,028
- Median household income, yearly
- Typical home
- $438,800
- Median home value
- 2-bedroom fair rent
- $2,623
- Middlesex-Somerset-Hunterdon, NJ HUD Metro FMR Area
Somerset, New Jersey has about 22,720 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $438,800.
HUD's fair-market rent for a 2-bedroom in Somerset County is $2,623 a month. That is the county number, not an apartment listing in Somerset. 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 Somerset'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 Somerset'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, 119 have higher typical rent than Somerset.
Nearby places
- East Franklin
Typical rent $2,056
Compare with Somerset - Voorhees
Typical rent $1,531
Compare with Somerset - Rutgers University-Busch Campus
Typical rent $2,197
Compare with Somerset - MiddlebushCompare with Somerset
- Franklin Center
Typical rent $2,748
Compare with Somerset - Six Mile Run
Typical rent $2,145
Compare with Somerset - New Brunswick
Typical rent $1,814
Compare with Somerset - South Bound Brook
Typical rent $1,778
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.