Cost of Living in Skillman, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
332.3
100 = national avg
+232.3 vs national average
Living Wage (1 Adult)
$146,220
per year
Living Wage (Family of 4)
$345,610
per year
Cost Index by Category
Housing375.1
Utilities182.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,978
per month
2 Bedroom
$2,486
per month
The overall cost of living index in Skillman is 332.3, which is 232.3% above the national average. Housing costs are above the national average at an index of 375.1. A single adult needs to earn approximately $146,220 per year to cover basic expenses.