Zip 07721 (Cliffwood, NJ) Cost of Living


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Cliffwood cost of living score
129.1
More expensive
29.1% higher
than the US average
7.8% higher
than the New Jersey average
Cliffwood (zip 07721), New Jersey gets a BestPlaces Cost of Living score of 129.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% higher than the U.S. average and 7.8% lower than the average for New Jersey.

Zip 07721 (Cliffwood, NJ)

Housing costs in Cliffwood?
A typical home costs $383,800, which is 13.5% more expensive than the national average of $338,100 and 11.2% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Cliffwood costs $1,540 per month, which is 7.7% more than the national average of $1,430 and 11.0% cheaper than the state average of $1,710.

Can I afford Cliffwood?
To live comfortably in Cliffwood (zip 07721), New Jersey, a minimum annual income of $73,440 for a family, and $49,200 for a single person is recommended.

What does A.I. say about Cliffwood?
The cost of living in 07721 Cliffwood, NJ is relatively low compared to other areas in the state. The median home value is $316,700 and the median rent price is $1,818. This is about average for the rest of New Jersey and slightly below the national average. Property taxes are also lower than most other parts of the state. In addition, groceries and utilities are generally fairly inexpensive. Most goods and services are similarly priced as well, making 07721 Cliffwood an affordable area to live in.
   Cost of living score
     CategoriesCliffwoodNew JerseyUnited States
  129.1119.8100.0
  104105.8100
  98.396.9100.0
  119.0136.4100.0
  $383,800$432,100$338,100
  103.6%109.2%100.0%
  108.4127.7100.0
  140.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime