Cost of Living in Waldwick, NJ

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

Cost of Living Overview

Overall Index

253.6

100 = national avg

+153.6 vs national average

Living Wage (1 Adult)

$111,567

per year

Living Wage (Family of 4)

$263,703

per year

Cost Index by Category

Housing
349.4
Food
168.9
Transportation
237.7
Healthcare
155.1
Utilities
191.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,024

per month

2 Bedroom

$2,324

per month

The overall cost of living index in Waldwick is 253.6, which is 153.6% above the national average. Housing costs are above the national average at an index of 349.4. A single adult needs to earn approximately $111,567 per year to cover basic expenses.