Cost of Living in Ramtown, NJ

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

Cost of Living Overview

Overall Index

226.7

100 = national avg

+126.7 vs national average

Living Wage (1 Adult)

$99,767

per year

Living Wage (Family of 4)

$235,813

per year

Cost Index by Category

Housing
307.3
Food
156.2
Transportation
212.4
Healthcare
145.0
Utilities
175.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,889

per month

2 Bedroom

$2,328

per month

The overall cost of living index in Ramtown is 226.7, which is 126.7% above the national average. Housing costs are above the national average at an index of 307.3. A single adult needs to earn approximately $99,767 per year to cover basic expenses.