Cost of Living in Leonardo, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
175.9
100 = national avg
+75.9 vs national average
Living Wage (1 Adult)
$77,376
per year
Living Wage (Family of 4)
$182,889
per year
Cost Index by Category
Housing200.6
Food143.4
Transportation186.8
Healthcare134.7
Utilities146.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,889
per month
2 Bedroom
$2,328
per month
The overall cost of living index in Leonardo is 175.9, which is 75.9% above the national average. Housing costs are above the national average at an index of 200.6. A single adult needs to earn approximately $77,376 per year to cover basic expenses.