Cost of Living in Greenwich, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
158.4
100 = national avg
+58.4 vs national average
Living Wage (1 Adult)
$69,692
per year
Living Wage (Family of 4)
$164,726
per year
Cost Index by Category
Housing143.1
Food147.7
Transportation195.4
Healthcare138.2
Utilities137.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,375
per month
2 Bedroom
$1,673
per month
The overall cost of living index in Greenwich is 158.4, which is 58.4% above the national average. Housing costs are above the national average at an index of 143.1. A single adult needs to earn approximately $69,692 per year to cover basic expenses.