Cost of Living in Bogota, NJ

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

Cost of Living Overview

Overall Index

182.5

100 = national avg

+82.5 vs national average

Living Wage (1 Adult)

$80,313

per year

Living Wage (Family of 4)

$189,830

per year

Cost Index by Category

Housing
246.0
Food
132.0
Transportation
164.1
Healthcare
125.6
Utilities
148.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,024

per month

2 Bedroom

$2,324

per month

The overall cost of living index in Bogota is 182.5, which is 82.5% above the national average. Housing costs are above the national average at an index of 246.0. A single adult needs to earn approximately $80,313 per year to cover basic expenses.