Zip 07832 (Columbia, NJ) Cost of Living


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How much do I need to live in Columbia, New Jersey?
$6,150 / month
for a family, 13.9% more expensive than the national average A total of $73,800 for the year for a family.
$4,333 / month
for a single person, 9.1% less expensive than the national average A total of $52,000 for the year for a single person.

Columbia cost of living score
104.7
More expensive
4.7% higher
than the US average
12.6% lower
than the New Jersey average
Columbia (zip 07832), New Jersey gets a BestPlaces Cost of Living score of 104.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.7% higher than the U.S. average and 12.6% higher than the average for New Jersey.

Zip 07832 (Columbia, NJ)

Housing costs in Columbia?
A typical home costs $384,500, which is 13.7% more expensive than the national average of $338,100 and 11.0% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Columbia costs $1,560 per month, which is 9.1% more than the national average of $1,430 and 9.6% cheaper than the state average of $1,710.

Can I afford Columbia?
To live comfortably in Columbia (zip 07832), New Jersey, a minimum annual income of $73,800 for a family, and $52,000 for a single person is recommended.

What does A.I. say about Columbia?
The cost of living in 07832 Columbia, NJ is very reasonable. According to Best Places, the median home cost for this area is $221,900 while the median household income is $83,428. This means that those living in the area enjoy a fairly affordable cost of living. Groceries and household items are also quite affordable as the average prices for commodities such as milk and eggs range around $2-3. In addition, utilities and transportation costs are relatively low. With public transit options such as buses available throughout the borough, commuting costs are minimal. All things considered, Columbia provides residents with an optimal quality of life at a reasonable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesColumbiaNew JerseyUnited States
    Unlock119.8100.0
  106.1  Unlock100.0
    Unlock96.9100.0
  110.5  Unlock100.0
    Unlock$432,100$338,100
  102.0  Unlock100.0
    Unlock127.7100.0
  103.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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