Cost of Living in Port Monmouth, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
157.4
100 = national avg
+57.4 vs national average
Living Wage (1 Adult)
$69,275
per year
Living Wage (Family of 4)
$163,740
per year
Cost Index by Category
Housing179.4
Food131.5
Transportation163.1
Healthcare125.2
Utilities134.8
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 Port Monmouth is 157.4, which is 57.4% above the national average. Housing costs are above the national average at an index of 179.4. A single adult needs to earn approximately $69,275 per year to cover basic expenses.