Cost of Living in Little Silver, NJ

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

Cost of Living Overview

Overall Index

310.7

100 = national avg

+210.7 vs national average

Living Wage (1 Adult)

$136,722

per year

Living Wage (Family of 4)

$323,160

per year

Cost Index by Category

Housing
400.0
Food
200.0
Transportation
337.4
Healthcare
195.0
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,889

per month

2 Bedroom

$2,328

per month

The overall cost of living index in Little Silver is 310.7, which is 210.7% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $136,722 per year to cover basic expenses.