Cost of Living in Jersey City, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
174.9
100 = national avg
+74.9 vs national average
Living Wage (1 Adult)
$76,968
per year
Living Wage (Family of 4)
$181,925
per year
Cost Index by Category
Housing252.1
Food122.5
Transportation136.1
Healthcare118.0
Utilities143.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,458
per month
2 Bedroom
$2,763
per month
The overall cost of living index in Jersey City is 174.9, which is 74.9% above the national average. Housing costs are above the national average at an index of 252.1. A single adult needs to earn approximately $76,968 per year to cover basic expenses.