Cost of Living in Silver Ridge, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.3
100 = national avg
-3.7 vs national average
Living Wage (1 Adult)
$42,362
per year
Living Wage (Family of 4)
$100,127
per year
Cost Index by Category
Housing122.9
Food76.8
Transportation110.1
Healthcare81.4
Utilities90.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,889
per month
2 Bedroom
$2,328
per month
The overall cost of living index in Silver Ridge is 96.3, which is 3.7% below the national average. Housing costs are above the national average at an index of 122.9. A single adult needs to earn approximately $42,362 per year to cover basic expenses.