Cost of Living in Wanaque, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
181.0
100 = national avg
+81.0 vs national average
Living Wage (1 Adult)
$79,659
per year
Living Wage (Family of 4)
$188,286
per year
Cost Index by Category
Housing232.8
Food135.9
Transportation171.7
Healthcare128.7
Utilities148.1
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 Wanaque is 181.0, which is 81.0% above the national average. Housing costs are above the national average at an index of 232.8. A single adult needs to earn approximately $79,659 per year to cover basic expenses.