Cost of Living in Lake Telemark, NJ

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

Cost of Living Overview

Overall Index

203.0

100 = national avg

+103.0 vs national average

Living Wage (1 Adult)

$89,316

per year

Living Wage (Family of 4)

$211,112

per year

Cost Index by Category

Housing
301.8
Food
131.8
Transportation
163.7
Healthcare
125.5
Utilities
159.5

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 Telemark is 203.0, which is 103.0% above the national average. Housing costs are above the national average at an index of 301.8. A single adult needs to earn approximately $89,316 per year to cover basic expenses.