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Oak Valley, NJ vs Somerville, NJ

94
Oak Valley
New Jersey
VS
-24.8%
126
Somerville
New Jersey

There is a significant gap in the cost of living between these two cities. Oak Valley is 24.8% cheaper than Somerville. With a cost index of 94 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Valley to Somerville should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Oak Valley are $226,000 compared to $403,600 in Somerville, a 44% gap.

Median household income in Oak Valley is $90,563 compared to $103,869 in Somerville (-12.8%). The higher salaries in Somerville partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Oak Valley
94
25% cheaper
Somerville
126
Median Household Income
Oak Valley
$90,563
Somerville
$103,869
13% higher

Housing

Median Rent
Oak Valley
Somerville
$1,748
Median Home Value
Oak Valley
$226,000
44% cheaper
Somerville
$403,600
Population
Oak Valley
4,374
Somerville
12,958

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Oak Valley $3.01
Somerville $3.32
US $3.07
🥚
Eggs (grade A, large)
Oak Valley $2.46
Somerville $2.71
US $2.50
🥛
Milk (whole)
Oak Valley $3.95
Somerville $4.36
US $4.03
🍞
Bread (white)
Oak Valley $1.82
Somerville $2.00
US $1.85
🍗
Chicken breast
Oak Valley $4.07
Somerville $4.49
US $4.14
Electricity
Oak Valley $0.23
Somerville $0.24
US $0.19