Cost of Living in Kinnelon, NJ

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

Cost of Living Overview

Overall Index

254.9

100 = national avg

+154.9 vs national average

Living Wage (1 Adult)

$112,162

per year

Living Wage (Family of 4)

$265,111

per year

Cost Index by Category

Housing
311.5
Food
186.1
Transportation
272.3
Healthcare
168.9
Utilities
194.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,822

per month

2 Bedroom

$2,205

per month

The overall cost of living index in Kinnelon is 254.9, which is 154.9% above the national average. Housing costs are above the national average at an index of 311.5. A single adult needs to earn approximately $112,162 per year to cover basic expenses.