Cost of Living in River Edge, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
225.5
100 = national avg
+125.5 vs national average
Living Wage (1 Adult)
$99,210
per year
Living Wage (Family of 4)
$234,496
per year
Cost Index by Category
Housing272.9
Food169.1
Transportation238.2
Healthcare155.3
Utilities176.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,024
per month
2 Bedroom
$2,324
per month
The overall cost of living index in River Edge is 225.5, which is 125.5% above the national average. Housing costs are above the national average at an index of 272.9. A single adult needs to earn approximately $99,210 per year to cover basic expenses.