Cost of Living in Concordia, NJ

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

Cost of Living Overview

Overall Index

132.0

100 = national avg

+32.0 vs national average

Living Wage (1 Adult)

$58,078

per year

Living Wage (Family of 4)

$137,275

per year

Cost Index by Category

Housing
201.8
Food
93.6
Transportation
87.2
Healthcare
94.9
Utilities
116.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,978

per month

2 Bedroom

$2,486

per month

The overall cost of living index in Concordia is 132.0, which is 32.0% above the national average. Housing costs are above the national average at an index of 201.8. A single adult needs to earn approximately $58,078 per year to cover basic expenses.