Cost of Living in Ocean Grove, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
163.9
100 = national avg
+63.9 vs national average
Living Wage (1 Adult)
$72,120
per year
Living Wage (Family of 4)
$170,465
per year
Cost Index by Category
Housing256.2
Food106.9
Transportation113.7
Healthcare105.5
Utilities135.4
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 Grove is 163.9, which is 63.9% above the national average. Housing costs are above the national average at an index of 256.2. A single adult needs to earn approximately $72,120 per year to cover basic expenses.