Cost of Living in Waretown, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
212.1
100 = national avg
+112.1 vs national average
Living Wage (1 Adult)
$93,319
per year
Living Wage (Family of 4)
$220,573
per year
Cost Index by Category
Housing305.4
Food140.5
Transportation181.1
Healthcare132.4
Utilities165.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,889
per month
2 Bedroom
$2,328
per month
The overall cost of living index in Waretown is 212.1, which is 112.1% above the national average. Housing costs are above the national average at an index of 305.4. A single adult needs to earn approximately $93,319 per year to cover basic expenses.