Cost of Living in Mendham, NJ
Population 4,977 · New Jersey · Data vintage 2023
(100 = US avg)
Housing in Mendham sits 150% above the national median — $764,000 for the typical home — but median household incomes near $223,750 (200% above the US figure) soften the blow that similar pricing creates in lower-wage metros.
Located 20 miles west of Elizabeth, Mendham falls within that metro's commuting orbit. Median home values run roughly 94% higher than Elizabeth's $394,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Mendham
The median home value in Mendham is $764,000 — 150% above the national median of $305,000. Median rent runs $3,250/month, 147% higher than the national median of $1,314/month. The median household income of $223,750/year is 200% higher than the US median of $74,580. The local unemployment rate is 3.2%, 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 63.6°F and lows of 41.4°F. Overall, Mendham has a cost of living index of 249 versus the US average of 100, meaning it is 149% more expensive.
Mendham has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 39 | 43 | 51 | 63 | 73 | 81 | 86 | 84 | 78 | 66 | 55 | 44 |
| Low °F | 21 | 22 | 30 | 39 | 48 | 58 | 63 | 61 | 54 | 42 | 33 | 26 |
| Precip" | 3.16 | 2.20 | 3.89 | 3.59 | 3.54 | 4.23 | 4.93 | 5.18 | 3.82 | 3.67 | 3.41 | 3.87 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Mendham, NJ?
Mendham has a cost index of 249 (100 = national average). It is 149% above the national average.
What is average rent in Mendham, NJ?
The median gross rent in Mendham is $3,250 per month based on 2023 Census data.
What is the average home price in Mendham?
The median home value in Mendham is $764,000 according to 2023 Census ACS data.
What is the median income in Mendham?
The median household income in Mendham is $223,750 per year (2023 ACS 5-year estimates).
What is the sales tax in Mendham, NJ?
The combined state and local sales tax rate in Mendham is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Mendham, NJ affordable?
Mendham is above average in cost of living, with an index of 249 — about 149% higher than the national average.
What is the weather like in Mendham?
Mendham has average high temperatures of 63.6°F and average lows of 41.4°F. Annual precipitation is 45.5". Data from NOAA 1991–2020 Climate Normals.
Mendham at a Glance
- Population
- 4,977
- Median Income
- $223,750
- Home Value
- $764,000
- Median Rent
- $3,250/mo
- Unemployment
- 3.2%
- Avg High Temp
- 63.6°F
- Sales Tax
- 6.6%
Nearby Cities
Explore county-level cost of living data
New Jersey Rankings
Similar Cost Cities
Cities in other states with comparable housing costs