Zip 07821 (Andover, NJ) Cost of Living


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Andover cost of living score
115
More expensive
15.0% higher
than the US average
4.0% lower
than the New Jersey average
Andover (zip 07821), New Jersey gets a BestPlaces Cost of Living score of 115, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% higher than the U.S. average and 4.0% higher than the average for New Jersey.

Zip 07821 (Andover, NJ)

Housing costs in Andover?
A typical home costs $391,400, which is 15.8% more expensive than the national average of $338,100 and 9.4% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Andover costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 2.4% cheaper than the state average of $1,710.

Can I afford Andover?
To live comfortably in Andover (zip 07821), New Jersey, a minimum annual income of $74,880 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Andover?
The cost of living in 07821 Andover, NJ is relatively high when compared to the national average. It has an index of 126.9, with 100 being the national median. This means that for goods and services, residents in Andover will pay approximately 26.9% more than the median price in America. Housing costs are particularly high in this area; for a 1-bedroom residence, renters can expect to pay around $1,300 per month. Groceries and other necessities such as gas and utilities are also slightly higher than average when compared to the US as a whole. Overall, living in Andover is a bit more expensive than what one might find elsewhere; however, its proximity to New York City makes it worth the added expense for many people due to its close proximity to job opportunities and attractions.
   Cost of living score
     CategoriesAndoverNew JerseyUnited States
  115.0119.8100.0
  104.5105.8100
  99.196.9100.0
  122.9136.4100.0
  $391,400$432,100$338,100
  101.0%109.2%100.0%
  147.4127.7100.0
  116.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime