Cost of Living in Teterboro, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
184.5
100 = national avg
+84.5 vs national average
Living Wage (1 Adult)
$81,194
per year
Living Wage (Family of 4)
$191,914
per year
Cost Index by Category
Housing200.1
Utilities130.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,024
per month
2 Bedroom
$2,324
per month
The overall cost of living index in Teterboro is 184.5, which is 84.5% above the national average. Housing costs are above the national average at an index of 200.1. A single adult needs to earn approximately $81,194 per year to cover basic expenses.