Housing costs in East Rutherford?
A typical home costs
$481,600, which is 42.4% more expensive than the national average of
$338,100 and 11.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in East Rutherford costs
$1,960 per month, which is 14.6% more than the national average of
$1,710 and 10.7% cheaper than the state average of
$2,170.
Can I afford East Rutherford?
To live comfortably in East Rutherford (zip 07073), New Jersey, a minimum annual income of
$92,160 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about East Rutherford?
The cost of living in 07073 East Rutherford, NJ is higher than the national average, but still generally considered to be fairly reasonable. The median home value is approximately $435,000 and the median rent for a one-bedroom apartment is around $1,400 per month. Groceries, utilities, and healthcare costs are slightly above the national average. There are also many amenities to enjoy in East Rutherford like shopping centers, restaurants, parks, and museums that make it a great place to live. Overall, though East Rutherford may have a bit of a higher cost of living than other areas in New Jersey or the country as a whole, it remains an attractive and affordable option for many people.