Cost of Living in Westfield, NJ

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

Cost of Living Overview

Overall Index

287.8

100 = national avg

+187.8 vs national average

Living Wage (1 Adult)

$126,629

per year

Living Wage (Family of 4)

$299,306

per year

Cost Index by Category

Housing
346.4
Food
200.0
Transportation
325.1
Healthcare
190.1
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,822

per month

2 Bedroom

$2,205

per month

The overall cost of living index in Westfield is 287.8, which is 187.8% above the national average. Housing costs are above the national average at an index of 346.4. A single adult needs to earn approximately $126,629 per year to cover basic expenses.