Cost of Living in Laurel Lake, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.9
100 = national avg
-4.1 vs national average
Living Wage (1 Adult)
$42,201
per year
Living Wage (Family of 4)
$99,748
per year
Cost Index by Category
Housing114.3
Food89.5
Transportation78.9
Healthcare91.6
Utilities96.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,375
per month
2 Bedroom
$1,673
per month
The overall cost of living index in Laurel Lake is 95.9, which is 4.1% below the national average. Housing costs are above the national average at an index of 114.3. A single adult needs to earn approximately $42,201 per year to cover basic expenses.