Cost of Living in Monmouth Junction, NJ
Overall index: 135 (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 | 143 | +43% | $1,316 |
| Transportation | 101 | +1% | $3.50 |
| Food | 169 | +69% | $693 |
| Utilities | 122 | +22% | $257 |
| Healthcare | 122 | +22% | $186 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Monmouth Junction?
A single adult living comfortably in Monmouth Junction, NJ needs approximately $47,250 / year after taxes.
Already earning a salary somewhere else? Compare it directly:
Frequently Asked Questions
What is the cost of living in Monmouth Junction, NJ?
The overall cost of living in Monmouth Junction, NJ is 35% higher than the US national average (index: 135 where 100 = national average).
How much is rent in Monmouth Junction, NJ?
Average rent for a 1-bedroom apartment in Monmouth Junction, NJ is about $1,316/month.
Is Monmouth Junction, NJ expensive to live in?
Yes, Monmouth Junction, NJ is considered expensive (index above national average).
What salary do I need to live in Monmouth Junction, NJ?
A single adult needs roughly $47,250/year to cover basic living costs in Monmouth Junction, NJ.