Cost of Living in Morganville, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
227.6
100 = national avg
+127.6 vs national average
Living Wage (1 Adult)
$100,151
per year
Living Wage (Family of 4)
$236,721
per year
Cost Index by Category
Housing317.1
Food153.1
Transportation206.2
Healthcare142.5
Utilities175.3
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 Morganville is 227.6, which is 127.6% above the national average. Housing costs are above the national average at an index of 317.1. A single adult needs to earn approximately $100,151 per year to cover basic expenses.