Cost of Living in Shark River Hills, NJ

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

Cost of Living Overview

Overall Index

228.7

100 = national avg

+128.7 vs national average

Living Wage (1 Adult)

$100,617

per year

Living Wage (Family of 4)

$237,821

per year

Cost Index by Category

Housing
323.2
Food
151.8
Transportation
203.6
Healthcare
141.4
Utilities
175.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,889

per month

2 Bedroom

$2,328

per month

The overall cost of living index in Shark River Hills is 228.7, which is 128.7% above the national average. Housing costs are above the national average at an index of 323.2. A single adult needs to earn approximately $100,617 per year to cover basic expenses.