Cost of Living in Cranford, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
181.7
100 = national avg
+81.7 vs national average
Living Wage (1 Adult)
$79,951
per year
Living Wage (Family of 4)
$188,976
per year
Cost Index by Category
Housing289.9
Food112.8
Transportation125.7
Healthcare110.3
Utilities145.7
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 Cranford is 181.7, which is 81.7% above the national average. Housing costs are above the national average at an index of 289.9. A single adult needs to earn approximately $79,951 per year to cover basic expenses.