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Hillsborough, NJ vs Raritan, NJ

131
Hillsborough
New Jersey
VS
-3%
135
Raritan
New Jersey

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.

Income & Cost

Cost of Living Index
Hillsborough
131
3% cheaper
Raritan
135
Median Household Income
Hillsborough
$142,275
27% higher
Raritan
$103,699

Housing

Median Rent
Hillsborough
$1,898
2% cheaper
Raritan
$1,927
Median Home Value
Hillsborough
$411,400
8% cheaper
Raritan
$449,200
Population
Hillsborough
22,302
Raritan
8,192

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hillsborough $3.32
Raritan $3.32
US $3.07
🥚
Eggs (grade A, large)
Hillsborough $2.71
Raritan $2.71
US $2.50
🥛
Milk (whole)
Hillsborough $4.36
Raritan $4.36
US $4.03
🍞
Bread (white)
Hillsborough $2.00
Raritan $2.00
US $1.85
🍗
Chicken breast
Hillsborough $4.49
Raritan $4.49
US $4.14
Electricity
Hillsborough $0.24
Raritan $0.24
US $0.19