Cost of Living in Rainbow Lakes, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
192.9
100 = national avg
+92.9 vs national average
Living Wage (1 Adult)
$84,898
per year
Living Wage (Family of 4)
$200,668
per year
Cost Index by Category
Housing270.9
Food133.4
Transportation166.8
Healthcare126.7
Utilities154.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The overall cost of living index in Rainbow Lakes is 192.9, which is 92.9% above the national average. Housing costs are above the national average at an index of 270.9. A single adult needs to earn approximately $84,898 per year to cover basic expenses.