Cost of Living in Old Tappan, NJ

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

Cost of Living Overview

Overall Index

299.6

100 = national avg

+199.6 vs national average

Living Wage (1 Adult)

$131,806

per year

Living Wage (Family of 4)

$311,541

per year

Cost Index by Category

Housing
400.0
Food
200.0
Transportation
304.6
Healthcare
181.8
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,024

per month

2 Bedroom

$2,324

per month

The overall cost of living index in Old Tappan is 299.6, which is 199.6% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $131,806 per year to cover basic expenses.