Cost of Living in Mountain Lake, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
159.5
100 = national avg
+59.5 vs national average
Living Wage (1 Adult)
$70,169
per year
Living Wage (Family of 4)
$165,854
per year
Cost Index by Category
Housing198.9
Food125.7
Transportation151.4
Healthcare120.6
Utilities135.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,527
per month
2 Bedroom
$1,895
per month
The overall cost of living index in Mountain Lake is 159.5, which is 59.5% above the national average. Housing costs are above the national average at an index of 198.9. A single adult needs to earn approximately $70,169 per year to cover basic expenses.