Cost of Living in Renaissance at Monroe, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
203.9
100 = national avg
+103.9 vs national average
Living Wage (1 Adult)
$89,711
per year
Living Wage (Family of 4)
$212,043
per year
Cost Index by Category
Housing329.4
Food126.1
Transportation123.9
Healthcare120.9
Utilities161.6
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 Renaissance at Monroe is 203.9, which is 103.9% above the national average. Housing costs are above the national average at an index of 329.4. A single adult needs to earn approximately $89,711 per year to cover basic expenses.