Housing costs in Kearny?
A typical home costs
$461,100, which is 36.4% more expensive than the national average of
$338,100 and 6.7% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Kearny costs
$1,830 per month, which is 28.0% more than the national average of
$1,430 and 6.6% more than the state average of
$1,710.
Can I afford Kearny?
To live comfortably in Kearny, New Jersey, a minimum annual income of
$88,200 for a family, and
$64,000 for a single person is recommended.
What does A.I. say about Kearny?
Kearny, NJ is an affordable place to live with an estimated cost of living index of 91.9 which is lower than the national average by 8.1%. Housing costs make up the largest portion of the cost of living in Kearny coming in well below national averages. The median home price in Kearny is approximately $312,400 which is much lower than the nation-wide average of $377,200. Renting in Kearny can be more affordable too with prices ranging from around $1100 - $1400 per month for a two-bedroom apartment compared to similar dwellings at a more expensive US locations where rent might range from $1500 - $2000 per month or higher. Utilities, groceries and healthcare are also generally cheaper in this part of New Jersey than they are nationally.