Berkeley Heights, NJ Cost of Living


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Berkeley Heights cost of living score
129.5
More expensive
29.5% higher
than the US average
8.1% higher
than the New Jersey average
Berkeley Heights, New Jersey gets a BestPlaces Cost of Living score of 129.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.5% higher than the U.S. average and 8.1% lower than the average for New Jersey.

Berkeley Heights, NJ

Housing costs in Berkeley Heights?
A typical home costs $675,500, which is 99.8% more expensive than the national average of $338,100 and 56.3% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Berkeley Heights costs $2,450 per month, which is 71.3% more than the national average of $1,430 and 30.2% more than the state average of $1,710.

Can I afford Berkeley Heights?
To live comfortably in Berkeley Heights, New Jersey, a minimum annual income of $129,600 for a family, and $81,200 for a single person is recommended.

What does A.I. say about Berkeley Heights?
Berkeley Heights, NJ is a great place to live with a relatively low cost of living. The median home value in Berkeley Heights is around $482,000, which is lower than the national average. Additionally, the median household income in Berkeley Heights is around $119,000 which is about 25% higher than the national average income. On top of this, the cost of goods and services such as groceries and transportation are also below average when compared to other cities in New Jersey. All in all, Berkeley Heights offers a great quality of life at an affordable cost.
   Cost of living score
     CategoriesBerkeley HeightsNew JerseyUnited States
  129.5119.8100.0
  109.4105.8100
  97.596.9100.0
  232.4136.4100.0
  $675,500$432,100$338,100
  105.5%109.2%100.0%
  147.7127.7100.0
  110.3112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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