Cost of Living in Fair Haven, NJ

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

Cost of Living Overview

Overall Index

318.7

100 = national avg

+218.7 vs national average

Living Wage (1 Adult)

$140,249

per year

Living Wage (Family of 4)

$331,498

per year

Cost Index by Category

Housing
400.0
Food
200.0
Transportation
362.5
Healthcare
200.0
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,889

per month

2 Bedroom

$2,328

per month

The overall cost of living index in Fair Haven is 318.7, which is 218.7% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $140,249 per year to cover basic expenses.