Cost of Living in Roseland, NJ

Population 6,211 · New Jersey · Data vintage 2023

226
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Roseland sits 110% above the national median — $641,000 for the typical home — but median household incomes near $160,644 (115% above the US figure) soften the blow that similar pricing creates in lower-wage metros.

Roseland sits roughly 10 miles northwest of Newark — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 90% higher than Newark's $338,000.

Cost Overview

Housing 210
Rent 251

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

About the Cost of Living in Roseland

The median home value in Roseland is $640,600 — 110% above the national median of $305,000. Median rent runs $3,293/month, 151% higher than the national median of $1,314/month. The median household income of $160,644/year is 115% higher than the US median of $74,580. The local unemployment rate is 5.2%, above 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 62.4°F and lows of 43.8°F. Overall, Roseland has a cost of living index of 226 versus the US average of 100, meaning it is 126% more expensive.

🏠 Housing

Median Home Value
$640,600
110% above avg
Zillow Home Value
$197,973
Zillow ZHVI
Median Rent
$3,293/mo
151% above avg
Price-to-Rent Ratio
16.2x
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 81.3%
Renter-occupied 18.6%

💰 Estimated Monthly Budget

Rent median rent
$3,293
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,907/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
34.6 min
28% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.7%

Commute Mode

Drove alone
69.6%
Carpooled
3.5%
Public transit
7.6%
Walked
0.5%
Work from home
18.7%

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
$160,644
115% above avg
Per Capita Income
$71,813
Unemployment Rate
5.2%
9% above avg
Poverty Rate
2.3%
Labor Force Participation
68.4%

🎓 Education

Bachelor's degree+ 32.7%
Graduate degree 33.4%

👥 Demographics

Median Age 47
Male median age 44.9
Female median age 48

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.4°F
Avg Low
43.8°F
Annual Precip
44.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384149627281858476655343
Low °F 232431415160666457453528
Precip" 3.042.554.073.713.394.274.334.493.723.973.304.04

Frequently Asked Questions

What is the cost of living in Roseland, NJ?

Roseland has a cost index of 226 (100 = national average). It is 126% above the national average.

What is average rent in Roseland, NJ?

The median gross rent in Roseland is $3,293 per month based on 2023 Census data.

What is the average home price in Roseland?

The median home value in Roseland is $640,600 according to Zillow and Census data.

What is the median income in Roseland?

The median household income in Roseland is $160,644 per year (2023 ACS 5-year estimates).

What is the sales tax in Roseland, NJ?

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

Is Roseland, NJ affordable?

Roseland is above average in cost of living, with an index of 226 — about 126% higher than the national average.

What is the weather like in Roseland?

Roseland has average high temperatures of 62.4°F and average lows of 43.8°F. Annual precipitation is 44.9". Data from NOAA 1991–2020 Climate Normals.

Roseland at a Glance

Population
6,211
Median Income
$160,644
Home Value
$640,600
Median Rent
$3,293/mo
Unemployment
5.2%
Avg High Temp
62.4°F
Sales Tax
6.6%
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