Electricity Cost of Living in New Jersey

Electricity is one component of cost of living in New Jersey. This page explains how electricity prices affect household budgets in the state and how they compare to national context.

Current Electricity Price Context

The average residential electricity rate in New Jersey is 22.15 ¢/kWh.

Estimated Monthly Electricity Cost

At 900 kWh per month, the estimated monthly electricity bill in New Jersey is about $199.35.

National Comparison

The national average estimated monthly bill at 900 kWh is about $158.13. The estimated bill in New Jersey is about 26.1% higher than the national average.

Cost-of-Living Interpretation

Electricity in New Jersey appears relatively more expensive than the national average. Households with similar usage may pay more for electricity here.

This analysis focuses on electricity only. Other cost-of-living factors (housing, taxes, groceries, etc.) are not included.

Related Pages

← All states: Electricity Cost of Living

Disclaimers