Cost of Living in The College of New Jersey, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.6
100 = national avg
-9.4 vs national average
Living Wage (1 Adult)
$39,862
per year
Living Wage (Family of 4)
$94,220
per year
Cost Index by Category
Housing175.0
Food60.0
Transportation20.0
Healthcare65.2
Utilities88.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,545
per month
2 Bedroom
$1,950
per month
The overall cost of living index in The College of New Jersey is 90.6, which is 9.4% below the national average. Housing costs are above the national average at an index of 175.0. A single adult needs to earn approximately $39,862 per year to cover basic expenses.