Cost of Living in Hackettstown, NJ

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

Cost of Living Overview

Overall Index

152.5

100 = national avg

+52.5 vs national average

Living Wage (1 Adult)

$67,099

per year

Living Wage (Family of 4)

$158,598

per year

Cost Index by Category

Housing
194.4
Food
119.7
Transportation
139.5
Healthcare
115.8
Utilities
130.7

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 Hackettstown is 152.5, which is 52.5% above the national average. Housing costs are above the national average at an index of 194.4. A single adult needs to earn approximately $67,099 per year to cover basic expenses.