Hillsborough, NJ vs Raritan, NJ
Hillsborough, NJ and Raritan, NJ have a very similar cost of living, with only a 3% difference in their overall index. Hillsborough scores 131 while Raritan scores 135 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Hillsborough is $1,898/month compared to $1,927/month in Raritan — a 2% difference. Home values follow the same pattern: Hillsborough is more affordable at $411,400 median vs $449,200.
Median household income in Hillsborough is $142,275 compared to $103,699 in Raritan (+37.2%). Hillsborough offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hillsborough spend roughly 16% of their income on rent, less than the 22.3% in Raritan.
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