Cost of Living in Ocean Gate, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
142.5
100 = national avg
+42.5 vs national average
Living Wage (1 Adult)
$62,718
per year
Living Wage (Family of 4)
$148,243
per year
Cost Index by Category
Housing196.8
Food107.5
Transportation115.1
Healthcare106.0
Utilities123.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,889
per month
2 Bedroom
$2,328
per month
The overall cost of living index in Ocean Gate is 142.5, which is 42.5% above the national average. Housing costs are above the national average at an index of 196.8. A single adult needs to earn approximately $62,718 per year to cover basic expenses.