Cost of Living in Little Ferry, NJ

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

Cost of Living Overview

Overall Index

158.0

100 = national avg

+58.0 vs national average

Living Wage (1 Adult)

$69,531

per year

Living Wage (Family of 4)

$164,346

per year

Cost Index by Category

Housing
231.0
Food
110.7
Transportation
121.5
Healthcare
108.6
Utilities
132.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,024

per month

2 Bedroom

$2,324

per month

The overall cost of living index in Little Ferry is 158.0, which is 58.0% above the national average. Housing costs are above the national average at an index of 231.0. A single adult needs to earn approximately $69,531 per year to cover basic expenses.