Cost of Living in Caldwell, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
186.7
100 = national avg
+86.7 vs national average
Living Wage (1 Adult)
$82,144
per year
Living Wage (Family of 4)
$194,160
per year
Cost Index by Category
Housing268.5
Food127.3
Transportation154.7
Healthcare121.9
Utilities150.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The overall cost of living index in Caldwell is 186.7, which is 86.7% above the national average. Housing costs are above the national average at an index of 268.5. A single adult needs to earn approximately $82,144 per year to cover basic expenses.