Cost of Living in Gibbstown, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
142.1
100 = national avg
+42.1 vs national average
Living Wage (1 Adult)
$62,509
per year
Living Wage (Family of 4)
$147,748
per year
Cost Index by Category
Housing167.8
Food119.1
Transportation138.1
Healthcare115.3
Utilities125.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,520
per month
2 Bedroom
$1,810
per month
The overall cost of living index in Gibbstown is 142.1, which is 42.1% above the national average. Housing costs are above the national average at an index of 167.8. A single adult needs to earn approximately $62,509 per year to cover basic expenses.