Housing costs in Fair Haven?
A typical home costs
$1,082,400, which is 220.1% more expensive than the national average of
$338,100 and 150.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Fair Haven costs
$2,150 per month, which is 50.3% more than the national average of
$1,430 and 20.5% more than the state average of
$1,710.
Can I afford Fair Haven?
To live comfortably in Fair Haven, New Jersey, a minimum annual income of
$207,360 for a family, and
$68,800 for a single person is recommended.
What does A.I. say about Fair Haven?
The cost of living in Fair Haven, NJ is relatively affordable compared to many other places in the country. The median home value is just over $600,000 which is much lower than the national average. The median household income is around $107,000 and the unemployment rate was at an all time low of 1.5% in 2020. There are many amenities available with great access to local restaurants, shopping centers, and leisure activities. Grocery costs are relatively low and utilities like gas and electricity remain reasonably priced for residents. All in all, Fair Haven is a city with a friendly atmosphere and a reasonable cost of living that make it an attractive place to live for people of any budget.