Cost of Living in Hackensack, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
157.1
100 = national avg
+57.1 vs national average
Living Wage (1 Adult)
$69,123
per year
Living Wage (Family of 4)
$163,381
per year
Cost Index by Category
Housing225.7
Food112.8
Transportation120.0
Healthcare110.3
Utilities132.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,024
per month
2 Bedroom
$2,324
per month
The overall cost of living index in Hackensack is 157.1, which is 57.1% above the national average. Housing costs are above the national average at an index of 225.7. A single adult needs to earn approximately $69,123 per year to cover basic expenses.