Cost of Living in Colonia, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
197.5
100 = national avg
+97.5 vs national average
Living Wage (1 Adult)
$86,887
per year
Living Wage (Family of 4)
$205,370
per year
Cost Index by Category
Housing255.4
Food152.6
Transportation159.4
Healthcare142.1
Utilities162.7
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 Colonia is 197.5, which is 97.5% above the national average. Housing costs are above the national average at an index of 255.4. A single adult needs to earn approximately $86,887 per year to cover basic expenses.