Cost of Living in Preakness, NJ
Overall index: 152 (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 | 173 | +73% | $1,362 |
| Transportation | 102 | +2% | $3.50 |
| Food | 178 | +78% | $730 |
| Utilities | 137 | +37% | $311 |
| Healthcare | 137 | +37% | $225 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Preakness?
A single adult living comfortably in Preakness, NJ needs approximately $53,200 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Preakness, NJ?
The overall cost of living in Preakness, NJ is 52% higher than the US national average (index: 152 where 100 = national average).
How much is rent in Preakness, NJ?
Average rent for a 1-bedroom apartment in Preakness, NJ is about $1,362/month.
Is Preakness, NJ expensive to live in?
Yes, Preakness, NJ is considered expensive (index above national average).
What salary do I need to live in Preakness, NJ?
A single adult needs roughly $53,200/year to cover basic living costs in Preakness, NJ.