Cost of Living in Sheppards Mill, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
163.0
100 = national avg
+63.0 vs national average
Living Wage (1 Adult)
$71,741
per year
Living Wage (Family of 4)
$169,569
per year
Cost Index by Category
Housing191.3
Food134.5
Transportation159.5
Healthcare127.6
Utilities138.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,375
per month
2 Bedroom
$1,673
per month
The overall cost of living index in Sheppards Mill is 163.0, which is 63.0% above the national average. Housing costs are above the national average at an index of 191.3. A single adult needs to earn approximately $71,741 per year to cover basic expenses.