Housing costs in Northfield?
A typical home costs
$308,700, which is 8.7% less expensive than the national average of
$338,100 and 28.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Northfield costs
$2,080 per month, which is 45.5% more than the national average of
$1,430 and 17.8% more than the state average of
$1,710.
Can I afford Northfield?
To live comfortably in Northfield, New Jersey, a minimum annual income of
$59,040 for a family, and
$66,000 for a single person is recommended.
What does A.I. say about Northfield?
The cost of living in Northfield, NJ is relatively high compared to many other areas. The median household income is around $90,000 per year, which is slightly higher than the national average. The average price of a home in Northfield is around $335,000 which can be expensive for many people. The unemployment rate in Northfield is lower than the national average, which reflects positively on the local economy and job market. Despite the cost of living being relatively high, there are still some cheaper options available such as apartments and rental homes that have lower costs associated with them. Overall, Northfield has a strong economy with a higher-than-average cost of living but provides plenty of opportunities and options for those looking to settle down and call it home.