Cost of Living in Freehold, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
158.2
100 = national avg
+58.2 vs national average
Living Wage (1 Adult)
$69,603
per year
Living Wage (Family of 4)
$164,516
per year
Cost Index by Category
Housing226.4
Food112.8
Transportation125.6
Healthcare110.3
Utilities133.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,889
per month
2 Bedroom
$2,328
per month
The overall cost of living index in Freehold is 158.2, which is 58.2% above the national average. Housing costs are above the national average at an index of 226.4. A single adult needs to earn approximately $69,603 per year to cover basic expenses.