Cost of Living in Iselin, NJ

Population 19,151 · New Jersey · Data vintage 2023

140
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

A 40-minute average commute puts Iselin squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $394,000 reflect that spatial discount.

Geographically, Iselin sits roughly 9 miles southwest of Elizabeth. Housing prices track closely with Elizabeth's $394,000 median.

Cost Overview

Housing 129
Rent 156

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Iselin

The median home value in Iselin is $394,200 — 29% above the national median of $305,000. Median rent runs $2,051/month, 56% higher than the national median of $1,314/month. The median household income of $112,615/year is 51% higher than the US median of $74,580. The local unemployment rate is 3.1%, below the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 63.8°F and lows of 47.1°F, with about 31.5" of annual snowfall. Overall, Iselin has a cost of living index of 140 versus the US average of 100, meaning it is 40% more expensive.

🏠 Housing

Median Home Value
$394,200
29% above avg
Zillow Home Value
$552,084
Zillow ZHVI
Median Rent
$2,051/mo
56% above avg
Zillow Rent
$2,529/mo
Zillow ZORI
Price-to-Rent Ratio
16.0x
Favors buying
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 66.2%
Renter-occupied 33.8%

💰 Estimated Monthly Budget

Rent median rent
$2,051
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,665/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
39.6 min
47% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.8%

Commute Mode

Drove alone
53.4%
Carpooled
6.7%
Public transit
14.4%
Walked
4.4%
Work from home
17.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$112,615
51% above avg
Per Capita Income
$46,000
Unemployment Rate
3.1%
36% below avg
Poverty Rate
6.4%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 28.6%
Graduate degree 26.3%

👥 Demographics

Median Age 38.4
Male median age 38
Female median age 39

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.8°F
Avg Low
47.1°F
Annual Precip
46.6"
Annual Snowfall
31.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404351637382878578665545
Low °F 262734445464696861493931
Precip" 3.422.984.133.873.974.344.664.153.823.793.334.14
Snow" 9.110.15.60.50.00.00.00.00.00.20.65.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
62.7%
Good air days/yr
247
Max AQI recorded
194
PM2.5 days
160
Ozone days

Frequently Asked Questions

What is the cost of living in Iselin, NJ?

Iselin has a cost index of 140 (100 = national average). It is 40% above the national average.

What is average rent in Iselin, NJ?

The median gross rent in Iselin is $2,051 per month based on 2023 Census data.

What is the average home price in Iselin?

The median home value in Iselin is $394,200 according to Zillow and Census data.

What is the median income in Iselin?

The median household income in Iselin is $112,615 per year (2023 ACS 5-year estimates).

What is the sales tax in Iselin, NJ?

The combined state and local sales tax rate in Iselin is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Iselin, NJ affordable?

Iselin is above average in cost of living, with an index of 140 — about 40% higher than the national average.

What is the weather like in Iselin?

Iselin has average high temperatures of 63.8°F and average lows of 47.1°F. Annual precipitation is 46.6". Average annual snowfall is 31.5". Data from NOAA 1991–2020 Climate Normals.

Iselin at a Glance

Population
19,151
Median Income
$112,615
Home Value
$394,200
Median Rent
$2,051/mo
Unemployment
3.1%
Avg High Temp
63.8°F
Sales Tax
6.6%
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