Cost of Living in Thorofare, NJ

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

Cost of Living Overview

Overall Index

151.6

100 = national avg

+51.6 vs national average

Living Wage (1 Adult)

$66,684

per year

Living Wage (Family of 4)

$157,617

per year

Cost Index by Category

Housing
199.0
Food
116.8
Transportation
133.5
Healthcare
113.4
Utilities
129.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,520

per month

2 Bedroom

$1,810

per month

The overall cost of living index in Thorofare is 151.6, which is 51.6% above the national average. Housing costs are above the national average at an index of 199.0. A single adult needs to earn approximately $66,684 per year to cover basic expenses.