Cost of Living in Dumont, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
188.3
100 = national avg
+88.3 vs national average
Living Wage (1 Adult)
$82,868
per year
Living Wage (Family of 4)
$195,871
per year
Cost Index by Category
Housing243.2
Food146.0
Transportation154.9
Healthcare136.8
Utilities156.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,024
per month
2 Bedroom
$2,324
per month
The overall cost of living index in Dumont is 188.3, which is 88.3% above the national average. Housing costs are above the national average at an index of 243.2. A single adult needs to earn approximately $82,868 per year to cover basic expenses.