Cost of Living in Rockaway, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
167.2
100 = national avg
+67.2 vs national average
Living Wage (1 Adult)
$73,589
per year
Living Wage (Family of 4)
$173,937
per year
Cost Index by Category
Housing218.1
Food126.5
Transportation152.9
Healthcare121.2
Utilities139.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The overall cost of living index in Rockaway is 167.2, which is 67.2% above the national average. Housing costs are above the national average at an index of 218.1. A single adult needs to earn approximately $73,589 per year to cover basic expenses.