Cost of Living in Somerdale, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
126.3
100 = national avg
+26.3 vs national average
Living Wage (1 Adult)
$55,593
per year
Living Wage (Family of 4)
$131,401
per year
Cost Index by Category
Housing146.0
Food110.5
Transportation120.9
Healthcare108.4
Utilities115.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,520
per month
2 Bedroom
$1,810
per month
The overall cost of living index in Somerdale is 126.3, which is 26.3% above the national average. Housing costs are above the national average at an index of 146.0. A single adult needs to earn approximately $55,593 per year to cover basic expenses.