Cost of Living in Anderson, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
149.2
100 = national avg
+49.2 vs national average
Living Wage (1 Adult)
$65,642
per year
Living Wage (Family of 4)
$155,155
per year
Cost Index by Category
Housing192.8
Food115.5
Transportation138.1
Healthcare112.4
Utilities127.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,527
per month
2 Bedroom
$1,895
per month
The overall cost of living index in Anderson is 149.2, which is 49.2% above the national average. Housing costs are above the national average at an index of 192.8. A single adult needs to earn approximately $65,642 per year to cover basic expenses.