Housing costs in Paramus?
A typical home costs
$755,900, which is 123.6% more expensive than the national average of
$338,100 and 74.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Paramus costs
$2,740 per month, which is 91.6% more than the national average of
$1,430 and 37.6% more than the state average of
$1,710.
Can I afford Paramus?
To live comfortably in Paramus, New Jersey, a minimum annual income of
$144,720 for a family, and
$94,400 for a single person is recommended.
What does A.I. say about Paramus?
Paramus, NJ is a great place to live and work, due to its attractive cost of living. The median home value in Paramus is $597,000, which is higher than the national median of $219,700. However, that price comes with plenty of perks – lower utility rates than the rest of New Jersey and access to excellent schools and healthcare facilities. Paramus also has a low crime rate and plenty of recreational amenities for its residents. All these factors contribute to make Paramus an affordable option for those looking for low-cost living without sacrificing quality of life.