Cost of Living in North Caldwell, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
301.6
100 = national avg
+201.6 vs national average
Living Wage (1 Adult)
$132,695
per year
Living Wage (Family of 4)
$313,644
per year
Cost Index by Category
Housing400.0
Food200.0
Transportation310.5
Healthcare184.2
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The overall cost of living index in North Caldwell is 301.6, which is 201.6% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $132,695 per year to cover basic expenses.