Housing costs in Fair Haven?
A typical home costs
$1,132,000, which is 234.8% more expensive than the national average of
$338,100 and 162.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Fair Haven costs
$2,080 per month, which is 21.6% more than the national average of
$1,710 and 4.3% cheaper than the state average of
$2,170.
Can I afford Fair Haven?
To live comfortably in Fair Haven (zip 07704), New Jersey, a minimum annual income of
$216,720 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Fair Haven?
The cost of living in 07704 Fair Haven, NJ is quite high compared to the national average. According to one analysis, the cost of living in this area is an estimated 25% higher than the national average. Housing prices are significantly higher than other areas and rental prices are quite expensive as well. However, residents benefit from a wide variety of amenities and services that make living in this area relatively pleasant despite the higher costs. Additionally, residents can also expect to pay slightly more for groceries, healthcare, and transportation than they would elsewhere due to the higher cost of living in this area.