Housing costs in Allendale?
A typical home costs
$822,900, which is 143.4% more expensive than the national average of
$338,100 and 90.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Allendale costs
$2,460 per month, which is 43.9% more than the national average of
$1,710 and 11.8% more than the state average of
$2,170.
Can I afford Allendale?
To live comfortably in Allendale (zip 07401), New Jersey, a minimum annual income of
$157,680 for a family, and
$84,800 for a single person is recommended.
What does A.I. say about Allendale?
The cost of living in 07401 Allendale, NJ is relatively high compared to other cities in New Jersey. The median household income in the area is $108,000 and the median home value is $512,000. Renters can expect to pay around $1,700 per month for a single-family residence. Groceries, healthcare services, utilities, transportation, and other miscellaneous expenses are also more expensive than average. Despite the relatively high cost of living in 07401 Allendale, NJ, residents enjoy access to many amenities such as great schools and beautiful parks. The city also offers a variety of unique restaurants and local attractions that make it a great place to live.