Cost of Living in Totowa, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
186.6
100 = national avg
+86.6 vs national average
Living Wage (1 Adult)
$82,122
per year
Living Wage (Family of 4)
$194,106
per year
Cost Index by Category
Housing244.5
Food137.3
Transportation174.5
Healthcare129.8
Utilities151.3
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 Totowa is 186.6, which is 86.6% above the national average. Housing costs are above the national average at an index of 244.5. A single adult needs to earn approximately $82,122 per year to cover basic expenses.