Cost of Living in Somerdale, NJ

Population 5,535 · New Jersey · Data vintage 2023

78
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Somerdale can reasonably expect a home to cost less than three years of household income — $222,000 against $79,101 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. Unemployment has stayed elevated relative to the national figure — 8.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Somerdale sits roughly 13 miles southeast of Philadelphia. Housing prices track closely with Philadelphia's $232,000 median.

Cost Overview

Housing 73
Rent 87

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

About the Cost of Living in Somerdale

The median home value in Somerdale is $221,600 — 27% below the national median of $305,000. Median rent runs $1,141/month, 13% lower than the national median of $1,314/month. The median household income of $79,101/year is 6% higher than the US median of $74,580. The local unemployment rate is 8.8%, 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 65.2°F and lows of 47.3°F, with about 23.1" of annual snowfall. Overall, Somerdale has a cost of living index of 78 versus the US average of 100, meaning it is 22% less expensive.

🏠 Housing

Median Home Value
$221,600
27% below avg
Zillow Home Value
$338,571
Zillow ZHVI
Median Rent
$1,141/mo
13% below 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 77.8%
Renter-occupied 22.2%

💰 Estimated Monthly Budget

Rent median rent
$1,141
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,755/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
25.8 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.8%

Commute Mode

Drove alone
76.0%
Carpooled
7.5%
Public transit
3.5%
Walked
1.1%
Work from home
11.8%

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
$79,101
6% above avg
Per Capita Income
$43,990
Unemployment Rate
8.8%
83% above avg
Poverty Rate
15.5%
Labor Force Participation
66.2%

🎓 Education

Bachelor's degree+ 12.7%
Graduate degree 8.6%

👥 Demographics

Median Age 40.5
Male median age 45
Female median age 37.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.2°F
Avg Low
47.3°F
Annual Precip
44.1"
Annual Snowfall
23.1"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414453657483888679675646
Low °F 262834445464706861493931
Precip" 3.132.753.963.473.344.044.384.294.403.472.913.97
Snow" 7.18.43.60.30.00.00.00.00.00.00.23.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
50.4%
Good air days/yr
211
Max AQI recorded
209
PM2.5 days
149
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
12.4:1
Student-teacher ratio
2
Public schools
1,427
Total enrollment

Frequently Asked Questions

What is the cost of living in Somerdale, NJ?

Somerdale has a cost index of 78 (100 = national average). It is 22% below the national average.

What is average rent in Somerdale, NJ?

The median gross rent in Somerdale is $1,141 per month based on 2023 Census data.

What is the average home price in Somerdale?

The median home value in Somerdale is $221,600 according to Zillow and Census data.

What is the median income in Somerdale?

The median household income in Somerdale is $79,101 per year (2023 ACS 5-year estimates).

What is the sales tax in Somerdale, NJ?

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

Is Somerdale, NJ affordable?

Yes, Somerdale is generally considered affordable, with a cost of living index of 78 — about 22% below the US national average of 100.

What is the weather like in Somerdale?

Somerdale has average high temperatures of 65.2°F and average lows of 47.3°F. Annual precipitation is 44.1". Average annual snowfall is 23.1". Data from NOAA 1991–2020 Climate Normals.

Somerdale at a Glance

Population
5,535
Median Income
$79,101
Home Value
$221,600
Median Rent
$1,141/mo
Unemployment
8.8%
Avg High Temp
65.2°F
Sales Tax
6.6%
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