Cost of Living in Cologne, NJ

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

Cost of Living Overview

Overall Index

180.5

100 = national avg

+80.5 vs national average

Living Wage (1 Adult)

$79,429

per year

Living Wage (Family of 4)

$187,741

per year

Cost Index by Category

Housing
250.9
Food
127.7
Transportation
155.5
Healthcare
122.2
Utilities
146.8

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 Cologne is 180.5, which is 80.5% above the national average. Housing costs are above the national average at an index of 250.9. A single adult needs to earn approximately $79,429 per year to cover basic expenses.