Cost of living in South River, NJ — Housing, Rent & Index

Housing, rent, and a comparison to the US average.

$529,738
Median home value
/mo
Median rent
149
Cost index (US=100)
+2.4%
Home YoY change

The median home value in South River, NJ is $529,738 as of 2026-04. That places South River above the US average for housing cost, with a cost index of approximately 149 versus a national baseline of 100.

Over the past 12 months, the median home value in South River has climbed 2.4%, and over the past five years it has averaged +7.0% annual growth. The current price sits +0.0% from its 5-year peak in 2026-04.

Beyond housing, day-to-day costs in South River are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.

Housing

Median home value$529,738
1-year change+2.4%
5-year CAGR+7.0%
10-year CAGR+6.9%
vs 5-year peak+0.0%

Source: Zillow Home Value Index (ZHVI).

How South River compares

Cost index149 (above US)
Median home vs US (~$355k)+49.2%
Population16,392
Momentum score71 (Rising)

Cost index is currently a housing-only proxy; full BLS basket coming with ACS pull.

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.