Cost of Living in Avenel, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
164.7
100 = national avg
+64.7 vs national average
Living Wage (1 Adult)
$72,447
per year
Living Wage (Family of 4)
$171,238
per year
Cost Index by Category
Housing220.3
Food123.3
Transportation142.4
Healthcare118.7
Utilities138.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,978
per month
2 Bedroom
$2,486
per month
The overall cost of living index in Avenel is 164.7, which is 64.7% above the national average. Housing costs are above the national average at an index of 220.3. A single adult needs to earn approximately $72,447 per year to cover basic expenses.