Cost of Living in Mendham, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
306.8
100 = national avg
+206.8 vs national average
Living Wage (1 Adult)
$134,976
per year
Living Wage (Family of 4)
$319,033
per year
Cost Index by Category
Housing384.2
Food200.0
Transportation342.0
Healthcare196.8
Utilities200.0
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 Mendham is 306.8, which is 206.8% above the national average. Housing costs are above the national average at an index of 384.2. A single adult needs to earn approximately $134,976 per year to cover basic expenses.