Housing costs in Highland Park?
A typical home costs
$463,000, which is 36.9% more expensive than the national average of
$338,100 and 7.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Highland Park costs
$1,820 per month, which is 27.3% more than the national average of
$1,430 and 6.0% more than the state average of
$1,710.
Can I afford Highland Park?
To live comfortably in Highland Park, New Jersey, a minimum annual income of
$88,560 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Highland Park?
The cost of living in Highland Park, NJ is slightly higher than the U.S. average, though still within the range of affordability for most people. The median home value in Highland Park is $345,000, and the median household income is $77,819. Renters can expect to pay an average of $1,700 per month for a one-bedroom apartment. Groceries and other necessities are also slightly more expensive than the national average. Despite this, many people choose to live in Highland Park due to its excellent schools, parks, recreation opportunities, and vibrant downtown area.