Cost of Living in Rockaway, NJ

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F
32%
Overall NAT. AVG.
9%
Groceries NAT. AVG.
78%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Rockaway New Jersey National
Cost of living132125100
Groceries109108100
Health care112112100
Housing178157100
Transportation114114100
Utilities110111100
Lifestyle & Entertainment115113100
Household Items108107100
Education & Childcare118120100
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Homes For Sale In Rockaway, NJ

property for sale

7 Oswego Ave

Rockaway, NJ
property for sale

4 Hillside Rd

Rockaway, NJ
property for sale

86 Omaha Ave

Rockaway, NJ
property for sale

2104 Johnson Dr

Rockaway, NJ

Cost Of Living Quick Facts

  • The cost of living in Rockaway is 5% higher than the New Jersey average
  • The cost of living in Rockaway is 32% higher than the national average
  • Rockaway housing is 78% higher than the national average
  • New Jersey general sales tax is 30% higher than the national average
  • New Jersey state income tax is 46% lower than the national average

Most Affordable Places to Live in and Around Rockaway

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$162,606$13,551$3,794$4,879
      Renters$79,731$6,644$1,860$2,392
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Rockaway, NJ, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Rockaway homeowners, is $162,606. This would allow for a maximum of $3,794 per month to be spent on housing costs. For renters, the median monthly income is $79,731 which would result in a maximum of $1,860 to be spent on rental costs.

      New Jersey Sales Tax

      State General Sales Tax With Max Surtax
      New Jersey 6.625% 12.625%

      New Jersey Income Tax

      State Income Tax (Low) Income Tax (High)
      New Jersey 1.4% 10.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Victory Gardens, NJ1,6541087.7%
      Franklin, NJ4,92711212.1%
      Newton, NJ8,10211716.6%
      Ogdensburg, NJ2,23512121.2%
      Netcong, NJ3,28512019.9%
      Rockaway, NJ6,53813231.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Gray, LA6,5388713.2%
      Carrollton, VA6,53312524.9%
      Horseheads, NY6,544991.4%
      Swarthmore, PA6,53113029.6%
      Lynchburg, Moore County, TN6,531981.8%
      Rockaway, NJ6,53813231.6%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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