Cost of Living in Oak Valley, NJ

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

Cost of Living Overview

Overall Index

144.7

100 = national avg

+44.7 vs national average

Living Wage (1 Adult)

$63,646

per year

Living Wage (Family of 4)

$150,437

per year

Cost Index by Category

Housing
174.4
Food
119.2
Transportation
138.4
Healthcare
115.4
Utilities
126.4

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,520

per month

2 Bedroom

$1,810

per month

The overall cost of living index in Oak Valley is 144.7, which is 44.7% above the national average. Housing costs are above the national average at an index of 174.4. A single adult needs to earn approximately $63,646 per year to cover basic expenses.