Cost of Living in Neshanic Station, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

269.4

100 = national avg

+169.4 vs national average

Living Wage (1 Adult)

$118,529

per year

Living Wage (Family of 4)

$280,160

per year

Cost Index by Category

Housing
292.4
Food
200.0
Transportation
326.6
Healthcare
190.7
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,978

per month

2 Bedroom

$2,486

per month

The overall cost of living index in Neshanic Station is 269.4, which is 169.4% above the national average. Housing costs are above the national average at an index of 292.4. A single adult needs to earn approximately $118,529 per year to cover basic expenses.