Cost of Living in Garfield, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
153.8
100 = national avg
+53.8 vs national average
Living Wage (1 Adult)
$67,651
per year
Living Wage (Family of 4)
$159,902
per year
Cost Index by Category
Housing226.1
Food107.9
Transportation116.3
Healthcare106.3
Utilities129.9
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 Garfield is 153.8, which is 53.8% above the national average. Housing costs are above the national average at an index of 226.1. A single adult needs to earn approximately $67,651 per year to cover basic expenses.