Cost of Living in Franklinville, NJ

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

Cost of Living Overview

Overall Index

158.6

100 = national avg

+58.6 vs national average

Living Wage (1 Adult)

$69,799

per year

Living Wage (Family of 4)

$164,980

per year

Cost Index by Category

Housing
162.1
Food
140.1
Transportation
180.1
Healthcare
132.1
Utilities
136.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,520

per month

2 Bedroom

$1,810

per month

The overall cost of living index in Franklinville is 158.6, which is 58.6% above the national average. Housing costs are above the national average at an index of 162.1. A single adult needs to earn approximately $69,799 per year to cover basic expenses.