Cost of Living in Neshanic, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
236.6
100 = national avg
+136.6 vs national average
Living Wage (1 Adult)
$104,084
per year
Living Wage (Family of 4)
$246,018
per year
Cost Index by Category
Housing338.7
Food161.3
Transportation180.6
Healthcare149.0
Utilities184.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,978
per month
2 Bedroom
$2,486
per month
The overall cost of living index in Neshanic is 236.6, which is 136.6% above the national average. Housing costs are above the national average at an index of 338.7. A single adult needs to earn approximately $104,084 per year to cover basic expenses.