Cost of Living in Lake Hopatcong, NJ

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

Cost of Living Overview

Overall Index

173.3

100 = national avg

+73.3 vs national average

Living Wage (1 Adult)

$76,268

per year

Living Wage (Family of 4)

$180,269

per year

Cost Index by Category

Housing
213.3
Food
135.3
Transportation
170.6
Healthcare
128.2
Utilities
143.8

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 Lake Hopatcong is 173.3, which is 73.3% above the national average. Housing costs are above the national average at an index of 213.3. A single adult needs to earn approximately $76,268 per year to cover basic expenses.