Cost of Living in Spotswood, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.6
100 = national avg
+54.6 vs national average
Living Wage (1 Adult)
$68,010
per year
Living Wage (Family of 4)
$160,751
per year
Cost Index by Category
Housing181.3
Food127.5
Transportation155.0
Healthcare122.0
Utilities132.8
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 Spotswood is 154.6, which is 54.6% above the national average. Housing costs are above the national average at an index of 181.3. A single adult needs to earn approximately $68,010 per year to cover basic expenses.