Cost of Living in Gloucester City, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
124.7
100 = national avg
+24.7 vs national average
Living Wage (1 Adult)
$54,852
per year
Living Wage (Family of 4)
$129,649
per year
Cost Index by Category
Housing156.5
Food104.2
Transportation108.4
Healthcare103.4
Utilities113.8
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 Gloucester City is 124.7, which is 24.7% above the national average. Housing costs are above the national average at an index of 156.5. A single adult needs to earn approximately $54,852 per year to cover basic expenses.