Cost of Living in Hutchinson, NJ

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

Cost of Living Overview

Overall Index

178.5

100 = national avg

+78.5 vs national average

Living Wage (1 Adult)

$78,538

per year

Living Wage (Family of 4)

$185,636

per year

Cost Index by Category

Housing
204.9
Food
144.6
Transportation
189.2
Healthcare
135.7
Utilities
147.7

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 Hutchinson is 178.5, which is 78.5% above the national average. Housing costs are above the national average at an index of 204.9. A single adult needs to earn approximately $78,538 per year to cover basic expenses.