Cost of Living in Phillipsburg, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
113.6
100 = national avg
+13.6 vs national average
Living Wage (1 Adult)
$49,989
per year
Living Wage (Family of 4)
$118,156
per year
Cost Index by Category
Housing127.3
Food101.8
Transportation116.3
Healthcare101.4
Utilities106.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,527
per month
2 Bedroom
$1,895
per month
The overall cost of living index in Phillipsburg is 113.6, which is 13.6% above the national average. Housing costs are above the national average at an index of 127.3. A single adult needs to earn approximately $49,989 per year to cover basic expenses.