Cost of Living in Monmouth Beach, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
240.2
100 = national avg
+140.2 vs national average
Living Wage (1 Adult)
$105,699
per year
Living Wage (Family of 4)
$249,834
per year
Cost Index by Category
Housing341.7
Food157.1
Transportation214.1
Healthcare145.6
Utilities182.6
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 Monmouth Beach is 240.2, which is 140.2% above the national average. Housing costs are above the national average at an index of 341.7. A single adult needs to earn approximately $105,699 per year to cover basic expenses.