Cost of Living in Lake Mohawk, NJ

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

Cost of Living Overview

Overall Index

205.9

100 = national avg

+105.9 vs national average

Living Wage (1 Adult)

$90,608

per year

Living Wage (Family of 4)

$214,164

per year

Cost Index by Category

Housing
238.5
Food
161.4
Transportation
222.9
Healthcare
149.2
Utilities
164.6

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 Mohawk is 205.9, which is 105.9% above the national average. Housing costs are above the national average at an index of 238.5. A single adult needs to earn approximately $90,608 per year to cover basic expenses.