Cost of Living in Richland, NJ

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

Cost of Living Overview

Overall Index

179.3

100 = national avg

+79.3 vs national average

Living Wage (1 Adult)

$78,897

per year

Living Wage (Family of 4)

$186,485

per year

Cost Index by Category

Housing
190.5
Food
166.6
Transportation
143.5
Healthcare
153.3
Utilities
158.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,537

per month

2 Bedroom

$1,867

per month

The overall cost of living index in Richland is 179.3, which is 79.3% above the national average. Housing costs are above the national average at an index of 190.5. A single adult needs to earn approximately $78,897 per year to cover basic expenses.