Cost of Living in Sweetwater, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

213.4

100 = national avg

+113.4 vs national average

Living Wage (1 Adult)

$93,885

per year

Living Wage (Family of 4)

$221,909

per year

Cost Index by Category

Housing
341.3
Food
129.6
Transportation
144.0
Healthcare
123.7
Utilities
166.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,537

per month

2 Bedroom

$1,867

per month

The overall cost of living index in Sweetwater is 213.4, which is 113.4% above the national average. Housing costs are above the national average at an index of 341.3. A single adult needs to earn approximately $93,885 per year to cover basic expenses.