Cost of Living in Belvidere, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
142.2
100 = national avg
+42.2 vs national average
Living Wage (1 Adult)
$62,547
per year
Living Wage (Family of 4)
$147,839
per year
Cost Index by Category
Housing149.7
Food126.7
Transportation153.4
Healthcare121.4
Utilities126.0
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 Belvidere is 142.2, which is 42.2% above the national average. Housing costs are above the national average at an index of 149.7. A single adult needs to earn approximately $62,547 per year to cover basic expenses.