Cost of Living in Laurel Springs, NJ

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

Cost of Living Overview

Overall Index

160.6

100 = national avg

+60.6 vs national average

Living Wage (1 Adult)

$70,666

per year

Living Wage (Family of 4)

$167,028

per year

Cost Index by Category

Housing
162.0
Food
142.3
Transportation
184.7
Healthcare
133.9
Utilities
137.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,520

per month

2 Bedroom

$1,810

per month

The overall cost of living index in Laurel Springs is 160.6, which is 60.6% above the national average. Housing costs are above the national average at an index of 162.0. A single adult needs to earn approximately $70,666 per year to cover basic expenses.