Cost of Living in Great Meadows, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

168.7

100 = national avg

+68.7 vs national average

Living Wage (1 Adult)

$74,239

per year

Living Wage (Family of 4)

$175,473

per year

Cost Index by Category

Housing
270.3
Food
106.4
Transportation
112.9
Healthcare
105.1
Utilities
137.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,527

per month

2 Bedroom

$1,895

per month

The overall cost of living index in Great Meadows is 168.7, which is 68.7% above the national average. Housing costs are above the national average at an index of 270.3. A single adult needs to earn approximately $74,239 per year to cover basic expenses.