Cost of Living in Bound Brook, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
156.3
100 = national avg
+56.3 vs national average
Living Wage (1 Adult)
$68,767
per year
Living Wage (Family of 4)
$162,540
per year
Cost Index by Category
Housing223.7
Food111.8
Transportation123.6
Healthcare109.5
Utilities131.8
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 Bound Brook is 156.3, which is 56.3% above the national average. Housing costs are above the national average at an index of 223.7. A single adult needs to earn approximately $68,767 per year to cover basic expenses.