Cost of living in Somerset, NJ

Somerset is a census-designated place in Somerset County, NJ. ACS 2024 5-year population is 22,720. Median gross rent is $2,121 (ACS 2024 5-year, this place). Median home value is $438,800. Median household income is $121,028. Insurance is the NAIC state average; food is a USDA plan — no town indexes.