Cost of Living in Money Island, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
249.3
100 = national avg
+149.3 vs national average
Living Wage (1 Adult)
$109,695
per year
Living Wage (Family of 4)
$259,280
per year
Cost Index by Category
Housing276.8
Utilities153.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,375
per month
2 Bedroom
$1,673
per month
The overall cost of living index in Money Island is 249.3, which is 149.3% above the national average. Housing costs are above the national average at an index of 276.8. A single adult needs to earn approximately $109,695 per year to cover basic expenses.