Cost of Living in Collings Lakes, NJ

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

Cost of Living Overview

Overall Index

133.1

100 = national avg

+33.1 vs national average

Living Wage (1 Adult)

$58,557

per year

Living Wage (Family of 4)

$138,407

per year

Cost Index by Category

Housing
150.9
Food
116.0
Transportation
132.0
Healthcare
112.8
Utilities
119.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,537

per month

2 Bedroom

$1,867

per month

The overall cost of living index in Collings Lakes is 133.1, which is 33.1% above the national average. Housing costs are above the national average at an index of 150.9. A single adult needs to earn approximately $58,557 per year to cover basic expenses.