Liberty, NJ Cost of Living


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How much do I need to live in Liberty, New Jersey?
$6,180 / month
for a family, 14.4% more expensive than the national average A total of $74,160 for the year for a family.
$4,633 / month
for a single person, 2.8% less expensive than the national average A total of $55,600 for the year for a single person.

Liberty cost of living score
104.7
More expensive
4.7% higher
than the US average
12.6% lower
than the New Jersey average
Liberty, 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.

Liberty, NJ

Housing costs in Liberty?
A typical home costs $387,600, which is 14.6% more expensive than the national average of $338,100 and 10.3% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Liberty costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 2.4% cheaper than the state average of $1,710.

Can I afford Liberty?
To live comfortably in Liberty, New Jersey, a minimum annual income of $74,160 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Liberty?
The cost of living in Liberty, NJ is slightly higher than the national average. Rent prices for a one-bedroom apartment can range from around $800 to upwards of $2,000 per month. The median home value is approximately $246,000, with the median list price on homes currently listed at about $250,000. Other costs such as food, transportation and utilities are slightly more expensive than the national average as well. Overall, Liberty is a great place to live for those who don’t mind paying a little extra for the convenience of being close to major cities like New York City and Newark.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLibertyNew JerseyUnited States
    Unlock119.8100.0
  106.2  Unlock100.0
    Unlock96.9100.0
  108.7  Unlock100.0
    Unlock$432,100$338,100
  102.0  Unlock100.0
    Unlock127.7100.0
  104.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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