Cost of Living in Beverly, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
134.5
100 = national avg
+34.5 vs national average
Living Wage (1 Adult)
$59,176
per year
Living Wage (Family of 4)
$139,871
per year
Cost Index by Category
Housing142.9
Food120.9
Transportation141.9
Healthcare116.7
Utilities121.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,520
per month
2 Bedroom
$1,810
per month
The overall cost of living index in Beverly is 134.5, which is 34.5% above the national average. Housing costs are above the national average at an index of 142.9. A single adult needs to earn approximately $59,176 per year to cover basic expenses.