Deerfield, NJ Cost of Living


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Deerfield cost of living score
85.6
Less expensive
14.4% lower
than the US average
28.5% lower
than the New Jersey average
Deerfield, New Jersey gets a BestPlaces Cost of Living score of 85.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.4% lower than the U.S. average and 28.5% lower than the average for New Jersey.

Deerfield, NJ

Housing costs in Deerfield?
A typical home costs $284,900, which is 15.7% less expensive than the national average of $338,100 and 34.1% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Deerfield costs $1,480 per month, which is 3.5% more than the national average of $1,430 and 15.5% cheaper than the state average of $1,710.

Can I afford Deerfield?
To live comfortably in Deerfield, New Jersey, a minimum annual income of $54,720 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Deerfield?
The cost of living in Deerfield, NJ is generally high. The median household income is approximately $90,000, and the median home price is around $375,000. On top of this, the sales tax rate in Deerfield is 6.625%. Although local goods and services can be expensive due to New Jersey's overall cost of living, Deerfield residents enjoy access to a wide variety of amenities that make life more affordable. Grocery stores, restaurants, and shopping centers are all within a short distance from any point in the town. Additionally, public transportation options like bus routes and trains provide easy access to nearby cities such as New York City and Philadelphia.
   Cost of living score
     CategoriesDeerfieldNew JerseyUnited States
  85.6119.8100.0
  101105.8100
  97.396.9100.0
  64.8136.4100.0
  $284,900$432,100$338,100
  111.7%109.2%100.0%
  85.6127.7100.0
  96.4112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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