Cost of Living in Bedminster, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
238.6
100 = national avg
+138.6 vs national average
Living Wage (1 Adult)
$105,003
per year
Living Wage (Family of 4)
$248,189
per year
Cost Index by Category
Housing368.3
Food144.2
Transportation188.5
Healthcare135.4
Utilities180.2
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 Bedminster is 238.6, which is 138.6% above the national average. Housing costs are above the national average at an index of 368.3. A single adult needs to earn approximately $105,003 per year to cover basic expenses.