Cost of Living in Peapack and Gladstone, NJ

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

Cost of Living Overview

Overall Index

257.7

100 = national avg

+157.7 vs national average

Living Wage (1 Adult)

$113,410

per year

Living Wage (Family of 4)

$268,059

per year

Cost Index by Category

Housing
307.9
Food
190.8
Transportation
281.6
Healthcare
172.7
Utilities
196.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,978

per month

2 Bedroom

$2,486

per month

The overall cost of living index in Peapack and Gladstone is 257.7, which is 157.7% above the national average. Housing costs are above the national average at an index of 307.9. A single adult needs to earn approximately $113,410 per year to cover basic expenses.