Cost of Living in Allendale, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

253.5

100 = national avg

+153.5 vs national average

Living Wage (1 Adult)

$111,536

per year

Living Wage (Family of 4)

$263,630

per year

Cost Index by Category

Housing
346.5
Food
170.0
Transportation
240.0
Healthcare
156.0
Utilities
191.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,024

per month

2 Bedroom

$2,324

per month

The overall cost of living index in Allendale is 253.5, which is 153.5% above the national average. Housing costs are above the national average at an index of 346.5. A single adult needs to earn approximately $111,536 per year to cover basic expenses.