Cost of Living in Whippany, NJ

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

Cost of Living Overview

Overall Index

238.9

100 = national avg

+138.9 vs national average

Living Wage (1 Adult)

$105,104

per year

Living Wage (Family of 4)

$248,428

per year

Cost Index by Category

Housing
313.0
Food
167.5
Transportation
235.0
Healthcare
154.0
Utilities
183.1

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 Whippany is 238.9, which is 138.9% above the national average. Housing costs are above the national average at an index of 313.0. A single adult needs to earn approximately $105,104 per year to cover basic expenses.