Cost of Living in Highland Park, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
174.3
100 = national avg
+74.3 vs national average
Living Wage (1 Adult)
$76,692
per year
Living Wage (Family of 4)
$181,272
per year
Cost Index by Category
Housing248.6
Food128.0
Transportation118.9
Healthcare122.4
Utilities146.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,978
per month
2 Bedroom
$2,486
per month
The overall cost of living index in Highland Park is 174.3, which is 74.3% above the national average. Housing costs are above the national average at an index of 248.6. A single adult needs to earn approximately $76,692 per year to cover basic expenses.