Cost of Living in Laurel Heights, NJ

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

Cost of Living Overview

Overall Index

131.6

100 = national avg

+31.6 vs national average

Living Wage (1 Adult)

$57,924

per year

Living Wage (Family of 4)

$136,912

per year

Cost Index by Category

Housing
161.4
Food
112.5
Transportation
110.5
Healthcare
110.0
Utilities
119.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,375

per month

2 Bedroom

$1,673

per month

The overall cost of living index in Laurel Heights is 131.6, which is 31.6% above the national average. Housing costs are above the national average at an index of 161.4. A single adult needs to earn approximately $57,924 per year to cover basic expenses.