Cost of Living in Westmont, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
177.2
100 = national avg
+77.2 vs national average
Living Wage (1 Adult)
$77,954
per year
Living Wage (Family of 4)
$184,255
per year
Cost Index by Category
Housing223.7
Food135.3
Transportation170.6
Healthcare128.2
Utilities145.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,520
per month
2 Bedroom
$1,810
per month
The overall cost of living index in Westmont is 177.2, which is 77.2% above the national average. Housing costs are above the national average at an index of 223.7. A single adult needs to earn approximately $77,954 per year to cover basic expenses.