Housing costs in Little Ferry?
A typical home costs
$458,400, which is 35.6% more expensive than the national average of
$338,100 and 6.1% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Little Ferry costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Little Ferry?
To live comfortably in Little Ferry, New Jersey, a minimum annual income of
$87,840 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Little Ferry?
The cost of living in Little Ferry, NJ is relatively affordable compared to other parts of the state. The median home price in Little Ferry sits at just over $400,000, which is significantly lower than the average statewide price of $538,000. Renting in Little Ferry can be inexpensive as well with a one-bedroom typically going for around $1300-$1500 a month. Overall, the cost of living in Little Ferry can be ideal for those looking for an affordable place to live close to New York City.