Cost of Living in Asbury Park, NJ

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

Cost of Living Overview

Overall Index

152.6

100 = national avg

+52.6 vs national average

Living Wage (1 Adult)

$67,166

per year

Living Wage (Family of 4)

$158,755

per year

Cost Index by Category

Housing
234.4
Food
104.3
Transportation
102.4
Healthcare
103.5
Utilities
129.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,889

per month

2 Bedroom

$2,328

per month

The overall cost of living index in Asbury Park is 152.6, which is 52.6% above the national average. Housing costs are above the national average at an index of 234.4. A single adult needs to earn approximately $67,166 per year to cover basic expenses.