Cost of Living in Spring Lake, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
266.5
100 = national avg
+166.5 vs national average
Living Wage (1 Adult)
$117,251
per year
Living Wage (Family of 4)
$277,140
per year
Cost Index by Category
Housing400.0
Food162.3
Transportation224.7
Healthcare149.9
Utilities197.4
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 Spring Lake is 266.5, which is 166.5% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $117,251 per year to cover basic expenses.