What Are the Everyday Living Costs in Edison, NJ in 2024?
The average monthly cost of living in Edison, NJ is $4,466, which is 1% lower than the U.S. average ($4,521). The average monthly cost of rent is $2,069, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,397 per month.
Edison, NJ is ranked 267th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered as one of the expensive cities in which to live in the U.S.
Cost of Living (for Renters / Monthly)
Rent
$2,069
Utilities
$468
Transportation
$117
Groceries
$748
Other
$1,064
Total
$4,466
What Are the Everyday Living Costs in Edison, NJ in 2024?
The average monthly cost of living in Edison, NJ for singles is $3,016, which is 2% higher than the U.S. average ($2,956). The average monthly cost of rent for singles is $1,364, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $1,651 per month.
Edison, NJ is ranked 272nd out of the 333 most populated cities in the U.S. for having the lowest cost of living for singles. Therefore, it is considered as one of the expensive cities for singles in which to live in the U.S.
Cost of Living (for Single Renters / Monthly)
Rent
$1,364
Utilities
$271
Transportation
$61
Groceries
$385
Other
$935
Total
$3,016
What Are the Everyday Living Costs in Edison, NJ in 2024?
The average monthly cost of living in Edison, NJ for couples is $4,510, which is equal to the U.S. average ($4,519). The average monthly cost of rent for couples is $2,083, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,427 per month.
Edison, NJ is ranked 271st out of the 333 most populated cities in the U.S. for having the lowest cost of living for couples. Therefore, it is considered as one of the expensive cities for couples in which to live in the U.S.
Cost of Living (for Couple Renters / Monthly)
Rent
$2,083
Utilities
$460
Transportation
$122
Groceries
$770
Other
$1,075
Total
$4,510
What Are the Everyday Living Costs in Edison, NJ in 2024?
The average monthly cost of living in Edison, NJ for single parents is $4,344, which is 4% higher than the U.S. average ($4,172). The average monthly cost of rent for single parents is $2,083, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $2,261 per month.
Edison, NJ is ranked 268th out of the 333 most populated cities in the U.S. for having the lowest cost of living for single parents. Therefore, it is considered as one of the expensive cities for single parents in which to live in the U.S.
Cost of Living (for Single Parent Renters / Monthly)
Rent
$2,083
Utilities
$451
Transportation
$100
Groceries
$648
Other
$1,061
Total
$4,343
What Are the Everyday Living Costs in Edison, NJ in 2024?
The average monthly cost of living in Edison, NJ for families is $5,995, which is 6% lower than the U.S. average ($6,392). The average monthly cost of rent for families is $2,745, while all other costs (utilities, transportation, groceries, and miscellaneous costs) amount to $3,250 per month.
Edison, NJ is ranked 263rd out of the 333 most populated cities in the U.S. for having the lowest cost of living for families. Therefore, it is considered as one of the expensive cities for families in which to live in the U.S.
Cost of Living (for Family Renters / Monthly)
Rent
$2,745
Utilities
$690
Transportation
$185
Groceries
$1,191
Other
$1,183
Total
$5,994
What Salary Do You Need to Live Comfortably in Edison, NJ in 2024?
Overall, on average, a gross annual salary of $72,406 is required for an average quality of life in Edison, NJ.
Is the Cost of Living High in Edison, NJ?
Edison, NJ is ranked 267th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Edison, NJ's average monthly rent is 2% lower than the U.S. average cost of rent.
Is $50,000 a Good Salary in Edison, NJ in 2024?
A gross annual salary of $50,000 in Edison, NJ will yield an average annual net salary of $44,582. Considering that the total average annual cost of living in Edison, NJ is $53,593, a gross annual salary of $50,000 will be insufficient to cover average living costs.
How Much Should You Pay for Rent in Edison, NJ?
The average monthly rent in Edison, NJ in the city center is $1,808 for a 1 bedroom apartment, $2,204 for a 2 bedroom apartment and $2,701 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,606 for a 1 bedroom apartment, $2,003 for a 2 bedroom apartment and $2,404 for a 3 bedroom apartment.