Cost of Living in Trenton, NJ

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

Cost of Living Overview

Overall Index

98.6

100 = national avg

-1.4 vs national average

Living Wage (1 Adult)

$43,363

per year

Living Wage (Family of 4)

$102,494

per year

Cost Index by Category

Housing
119.8
Food
86.0
Transportation
96.6
Healthcare
88.8
Utilities
95.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,545

per month

2 Bedroom

$1,950

per month

The overall cost of living index in Trenton is 98.6, which is 1.4% below the national average. Housing costs are above the national average at an index of 119.8. A single adult needs to earn approximately $43,363 per year to cover basic expenses.