Cost of Living in Edgewater, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
231.6
100 = national avg
+131.6 vs national average
Living Wage (1 Adult)
$101,924
per year
Living Wage (Family of 4)
$240,911
per year
Cost Index by Category
Housing339.5
Food155.4
Transportation169.2
Healthcare144.3
Utilities181.1
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 Edgewater is 231.6, which is 131.6% above the national average. Housing costs are above the national average at an index of 339.5. A single adult needs to earn approximately $101,924 per year to cover basic expenses.