Leonardo, NJ Cost of Living


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Leonardo cost of living score
129.1
More expensive
29.1% higher
than the US average
7.8% higher
than the New Jersey average
Leonardo, New Jersey gets a BestPlaces Cost of Living score of 129.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% higher than the U.S. average and 7.8% lower than the average for New Jersey.

Leonardo, NJ

Housing costs in Leonardo?
A typical home costs $380,800, which is 12.6% more expensive than the national average of $338,100 and 11.9% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Leonardo costs $1,450 per month, which is 1.4% more than the national average of $1,430 and 17.9% cheaper than the state average of $1,710.

Can I afford Leonardo?
To live comfortably in Leonardo, New Jersey, a minimum annual income of $73,080 for a family, and $46,000 for a single person is recommended.

What does A.I. say about Leonardo?
Leonardo, NJ is an excellent place to live due to its affordable cost of living. It has a median household income of $89,785 which is well above the national average. Living expenses are relatively low compared to other areas in the state, with housing costs coming in at an average of $400,000 for a three-bedroom home. This makes it possible for families to live comfortably while being able to save money on their monthly bills. Additionally, there is no sales tax in Leonardo which helps keep costs down even further. All in all, Leonardo is an incredibly affordable place to call home and offers plenty of financial benefits that make it a great option for those looking for a new place to call home.
   Cost of living score
     CategoriesLeonardoNew JerseyUnited States
  129.1119.8100.0
  105.2105.8100
  98.396.9100.0
  143.4136.4100.0
  $380,800$432,100$338,100
  102.7%109.2%100.0%
  101.8127.7100.0
  140.3112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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