Williamstown, NJ

Living costs in Williamstown land close to the national average, with a Cost Index of 107 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $359,725, and typical monthly rents run around $1,262. Groceries and utilities are in line with what you would find in most US cities.

Start with housing. Typical monthly rent is $1,262, while local median household income is $87,021. That implies a rent-burden proxy of about 17% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

New Jersey has a progressive state income tax with a top rate of 10.75%. The effective property tax rate is 2.47%. On a home worth $359,725, that translates to roughly $8,885 per year in property taxes. Sales tax (state + local) averages around 6.6% on everyday purchases.

The typical monthly rent in Williamstown is around $1,262. That's close to the $1,348 national median. For comparison, the median home value here is $359,725, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Williamstown is valued at $359,725. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $1,819/month for principal and interest alone — before property taxes and insurance. About 80% of residents here own their homes.

Grocery prices in Williamstown are about average compared to the rest of the US (index: 97, where 100 is the national average). Utility bills (electricity, gas, water) are on the high side (index: 114). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Williamstown is a small town with a population of about 14,855. The median age of residents is 40.6, which is close to the national median. The local poverty rate is 7.27%, well below the national average of 12.4%.