Cost of Living in Encore at Monroe, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
187.3
100 = national avg
+87.3 vs national average
Living Wage (1 Adult)
$82,391
per year
Living Wage (Family of 4)
$194,742
per year
Cost Index by Category
Housing308.4
Food105.7
Transportation145.1
Healthcare104.6
Utilities145.1
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 Encore at Monroe is 187.3, which is 87.3% above the national average. Housing costs are above the national average at an index of 308.4. A single adult needs to earn approximately $82,391 per year to cover basic expenses.