Zip 07676 (Township Of Washington, NJ) Cost of Living


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United States / New Jersey / New York-Newark-Jersey City Metro Area / Bergen County / No City / Township Of Washington (zip 07676)

Township Of Washington cost of living score
141
More expensive
41.0% higher
than the US average
17.7% higher
than the New Jersey average
Township Of Washington (zip 07676), New Jersey gets a BestPlaces Cost of Living score of 141, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 41.0% higher than the U.S. average and 17.7% lower than the average for New Jersey.

Zip 07676 (Township Of Washington, NJ)

Housing costs in Township Of Washington?
A typical home costs $601,400, which is 77.9% more expensive than the national average of $338,100 and 39.2% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Township Of Washington costs $2,400 per month, which is 67.8% more than the national average of $1,430 and 28.8% more than the state average of $1,710.

Can I afford Township Of Washington?
To live comfortably in Township Of Washington (zip 07676), New Jersey, a minimum annual income of $115,200 for a family, and $82,800 for a single person is recommended.

What does A.I. say about Township Of Washington?
The cost of living in 07676 Township Of Washington, NJ is relatively high compared to other parts of the country. The median home cost is around $510,800, which is much higher than the national average of $231,200. In addition, the median household income in this area is around $107,528 which is also higher than the national average of $69,017. Residents pay an average of 7.6% state income tax along with local taxes such as sales and property taxes. All these factors contribute to a higher cost of living in this area despite its close proximity to New York City and other major cities in New Jersey.
   Cost of living score
     CategoriesTownship Of WashingtonNew JerseyUnited States
  141.0119.8100.0
  107.2105.8100
  97.996.9100.0
  198.5136.4100.0
  $601,400$432,100$338,100
  111.8%109.2%100.0%
  139.7127.7100.0
  140.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime