Cost of Living in Glen Ridge, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
296.4
100 = national avg
+196.4 vs national average
Living Wage (1 Adult)
$130,426
per year
Living Wage (Family of 4)
$308,280
per year
Cost Index by Category
Housing322.0
Food200.0
Transportation379.1
Healthcare200.0
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The overall cost of living index in Glen Ridge is 296.4, which is 196.4% above the national average. Housing costs are above the national average at an index of 322.0. A single adult needs to earn approximately $130,426 per year to cover basic expenses.