Cost of Living in Westwood, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
244.0
100 = national avg
+144.0 vs national average
Living Wage (1 Adult)
$107,345
per year
Living Wage (Family of 4)
$253,725
per year
Cost Index by Category
Housing298.6
Food179.2
Transportation258.4
Healthcare163.4
Utilities187.2
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 Westwood is 244.0, which is 144.0% above the national average. Housing costs are above the national average at an index of 298.6. A single adult needs to earn approximately $107,345 per year to cover basic expenses.