Cost of Living in Carteret, NJ
Overall index: 108 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 106 | +6% | $1,408 |
| Transportation | 110 | +10% | $3.50 |
| Food | 117 | +17% | $480 |
| Utilities | 103 | +3% | $191 |
| Healthcare | 103 | +3% | $138 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Carteret?
A single adult living comfortably in Carteret, NJ needs approximately $37,800 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Carteret, NJ?
The overall cost of living in Carteret, NJ is 8% higher than the US national average (index: 108 where 100 = national average).
How much is rent in Carteret, NJ?
Average rent for a 1-bedroom apartment in Carteret, NJ is about $1,408/month.
Is Carteret, NJ expensive to live in?
Costs in Carteret, NJ are roughly in line with the national average.
What salary do I need to live in Carteret, NJ?
A single adult needs roughly $37,800/year to cover basic living costs in Carteret, NJ.