Zip 07021 (Essex Fells, NJ) Cost of Living


1 Reviews



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How much do I need to live in Essex Fells, New Jersey?
$17,490 / month
for a family, 223.9% more expensive than the national average A total of $209,880 for the year for a family.
$5,800 / month
for a single person, 21.7% more expensive than the national average A total of $69,600 for the year for a single person.

Essex Fells cost of living score
135
More expensive
35.0% higher
than the US average
12.7% higher
than the New Jersey average
Essex Fells (zip 07021), New Jersey gets a BestPlaces Cost of Living score of 135, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 35.0% higher than the U.S. average and 12.7% lower than the average for New Jersey.

Zip 07021 (Essex Fells, NJ)

Housing costs in Essex Fells?
A typical home costs $1,095,500, which is 224.0% more expensive than the national average of $338,100 and 153.5% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Essex Fells costs $2,090 per month, which is 22.2% more than the national average of $1,710 and 3.8% cheaper than the state average of $2,170.

Can I afford Essex Fells?
To live comfortably in Essex Fells (zip 07021), New Jersey, a minimum annual income of $209,880 for a family, and $69,600 for a single person is recommended.

What does A.I. say about Essex Fells?
Essex Fells, NJ, located in zip code 07021 is an expensive place to live. The median home price for this area is $1,079,500, a significant increase from the median home price of $899,000 in 2018. Additionally, the average rent for a one-bedroom apartment in 07021 is approximately $2,085 per month. Despite the high cost of living, Essex Fells remains a desirable place to call home due to its excellent school system and access to many amenities such as shops and restaurants.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEssex FellsNew JerseyUnited States
    Unlock119.8100.0
  113.1  Unlock100.0
    Unlock96.9100.0
  350.0  Unlock100.0
    Unlock$432,100$338,100
  113.1  Unlock100.0
    Unlock127.7100.0
  108.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Essex Fells
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Over 18 years ago

With only appx. 750 homes in this enclave, Essex Fells (former resort town from 100 years ago) is full of historic custom built stone homes in a park-like setting.   More

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