Cost of Living in Regency at Monroe, NJ

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

Cost of Living Overview

Overall Index

231.6

100 = national avg

+131.6 vs national average

Living Wage (1 Adult)

$101,911

per year

Living Wage (Family of 4)

$240,881

per year

Cost Index by Category

Housing
400.0
Food
123.2
Transportation
146.3
Healthcare
118.5
Utilities
173.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,978

per month

2 Bedroom

$2,486

per month

The overall cost of living index in Regency at Monroe is 231.6, which is 131.6% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $101,911 per year to cover basic expenses.