Cost of Living in Washington, NJ

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

Cost of Living Overview

Overall Index

136.7

100 = national avg

+36.7 vs national average

Living Wage (1 Adult)

$60,131

per year

Living Wage (Family of 4)

$142,127

per year

Cost Index by Category

Housing
173.6
Food
110.6
Transportation
121.2
Healthcare
108.5
Utilities
121.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,527

per month

2 Bedroom

$1,895

per month

The overall cost of living index in Washington is 136.7, which is 36.7% above the national average. Housing costs are above the national average at an index of 173.6. A single adult needs to earn approximately $60,131 per year to cover basic expenses.