Cost of Living in Strathmore, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
209.5
100 = national avg
+109.5 vs national average
Living Wage (1 Adult)
$92,166
per year
Living Wage (Family of 4)
$217,846
per year
Cost Index by Category
Housing231.1
Food168.5
Transportation237.0
Healthcare154.8
Utilities167.3
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 Strathmore is 209.5, which is 109.5% above the national average. Housing costs are above the national average at an index of 231.1. A single adult needs to earn approximately $92,166 per year to cover basic expenses.