Cost of Living in Belmar, NJ

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

Cost of Living Overview

Overall Index

186.1

100 = national avg

+86.1 vs national average

Living Wage (1 Adult)

$81,893

per year

Living Wage (Family of 4)

$193,566

per year

Cost Index by Category

Housing
285.0
Food
121.0
Transportation
135.4
Healthcare
116.8
Utilities
149.6

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 Belmar is 186.1, which is 86.1% above the national average. Housing costs are above the national average at an index of 285.0. A single adult needs to earn approximately $81,893 per year to cover basic expenses.