Cost of Living in Island Heights, NJ

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

Cost of Living Overview

Overall Index

180.5

100 = national avg

+80.5 vs national average

Living Wage (1 Adult)

$79,403

per year

Living Wage (Family of 4)

$187,681

per year

Cost Index by Category

Housing
240.4
Food
132.0
Transportation
164.0
Healthcare
125.6
Utilities
147.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,889

per month

2 Bedroom

$2,328

per month

The overall cost of living index in Island Heights is 180.5, which is 80.5% above the national average. Housing costs are above the national average at an index of 240.4. A single adult needs to earn approximately $79,403 per year to cover basic expenses.