Cost of Living in Raritan, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
179.2
100 = national avg
+79.2 vs national average
Living Wage (1 Adult)
$78,840
per year
Living Wage (Family of 4)
$186,348
per year
Cost Index by Category
Housing243.6
Food129.3
Transportation158.5
Healthcare123.4
Utilities146.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,978
per month
2 Bedroom
$2,486
per month
The overall cost of living index in Raritan is 179.2, which is 79.2% above the national average. Housing costs are above the national average at an index of 243.6. A single adult needs to earn approximately $78,840 per year to cover basic expenses.