Cost of Living in Woodland Park, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
166.9
100 = national avg
+66.9 vs national average
Living Wage (1 Adult)
$73,456
per year
Living Wage (Family of 4)
$173,622
per year
Cost Index by Category
Housing243.8
Food115.5
Transportation130.9
Healthcare112.4
Utilities138.0
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 Woodland Park is 166.9, which is 66.9% above the national average. Housing costs are above the national average at an index of 243.8. A single adult needs to earn approximately $73,456 per year to cover basic expenses.