Cost of Living in Ledgewood, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
187.7
100 = national avg
+87.7 vs national average
Living Wage (1 Adult)
$82,588
per year
Living Wage (Family of 4)
$195,209
per year
Cost Index by Category
Housing227.5
Food145.5
Transportation191.1
Healthcare136.4
Utilities152.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The overall cost of living index in Ledgewood is 187.7, which is 87.7% above the national average. Housing costs are above the national average at an index of 227.5. A single adult needs to earn approximately $82,588 per year to cover basic expenses.