Great Meadows, NJ Cost of Living


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Great Meadows cost of living score
104.7
More expensive
4.7% higher
than the US average
12.6% lower
than the New Jersey average
Great Meadows, New Jersey gets a BestPlaces Cost of Living score of 104.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.7% higher than the U.S. average and 12.6% higher than the average for New Jersey.

Great Meadows, NJ

Housing costs in Great Meadows?
A typical home costs $427,600, which is 26.5% more expensive than the national average of $338,100 and 1.0% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Great Meadows costs $1,860 per month, which is 30.1% more than the national average of $1,430 and 8.1% more than the state average of $1,710.

Can I afford Great Meadows?
To live comfortably in Great Meadows, New Jersey, a minimum annual income of $82,080 for a family, and $61,600 for a single person is recommended.

What does A.I. say about Great Meadows?
The cost of living in Great Meadows, NJ is relatively low compared to other parts of the country. The median home value is just over $150,000 and the median rent is around $1,200 per month. This makes it an affordable place for people who want to live close to major cities such as New York City. Additionally, the local economy has a diverse range of industries that provide jobs with competitive salaries. There are also many restaurants and shopping centers in the area, making it easy to find something to do or buy without breaking the bank. As a result, living in Great Meadows could be a great choice for those looking for an economical lifestyle while still having access to all the amenities of a larger city.
   Cost of living score
     CategoriesGreat MeadowsNew JerseyUnited States
  104.7119.8100.0
  107.1105.8100
  98.796.9100.0
  74.4136.4100.0
  $427,600$432,100$338,100
  102.3%109.2%100.0%
  110.8127.7100.0
  104.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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