Cost of Living in Wharton, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
164.0
100 = national avg
+64.0 vs national average
Living Wage (1 Adult)
$72,148
per year
Living Wage (Family of 4)
$170,531
per year
Cost Index by Category
Housing223.0
Food120.7
Transportation141.5
Healthcare116.6
Utilities137.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The overall cost of living index in Wharton is 164.0, which is 64.0% above the national average. Housing costs are above the national average at an index of 223.0. A single adult needs to earn approximately $72,148 per year to cover basic expenses.