Zip 07866 (White Meadow Lake, NJ) Cost of Living


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White Meadow Lake cost of living score
136.6
More expensive
36.6% higher
than the US average
14.0% higher
than the New Jersey average
White Meadow Lake (zip 07866), New Jersey gets a BestPlaces Cost of Living score of 136.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 36.6% higher than the U.S. average and 14.0% lower than the average for New Jersey.

Zip 07866 (White Meadow Lake, NJ)

Housing costs in White Meadow Lake?
A typical home costs $434,100, which is 28.4% more expensive than the national average of $338,100 and 0.5% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in White Meadow Lake costs $1,780 per month, which is 24.5% more than the national average of $1,430 and 3.9% more than the state average of $1,710.

Can I afford White Meadow Lake?
To live comfortably in White Meadow Lake (zip 07866), New Jersey, a minimum annual income of $83,160 for a family, and $59,200 for a single person is recommended.

What does A.I. say about White Meadow Lake?
The cost of living in 07866 White Meadow Lake, NJ is relatively high compared to the national average. This affluent community offers residents a range of amenities, from high-end shopping and dining options to nearby recreational activities, that come with a higher cost of living than other areas. The median home value is reported to be around $475,000, which is significantly higher than the national median of $219,700. Additionally, rent prices are also above the national average – ranging between $1,500 and $2,500 for a one bedroom apartment – and gas prices in the area are usually slightly higher than other communities. While the cost of living may be higher in White Meadow Lake than other cities or towns, residents enjoy access to luxurious amenities and an overall higher quality of life.
   Cost of living score
     CategoriesWhite Meadow LakeNew JerseyUnited States
  136.6119.8100.0
  105.2105.8100
  99.496.9100.0
  134.7136.4100.0
  $434,100$432,100$338,100
  101.7%109.2%100.0%
  136.5127.7100.0
  143.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime