Housing costs in Florham Park?
A typical home costs
$767,100, which is 126.9% more expensive than the national average of
$338,100 and 77.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Florham Park costs
$2,380 per month, which is 39.2% more than the national average of
$1,710 and 8.8% more than the state average of
$2,170.
Can I afford Florham Park?
To live comfortably in Florham Park (zip 07932), New Jersey, a minimum annual income of
$146,880 for a family, and
$79,200 for a single person is recommended.
What does A.I. say about Florham Park?
Florham Park, NJ is a fairly affluent area and the cost of living reflects this. Rent in the area is higher than the national average, with the median rent for a one-bedroom apartment being $1760 per month. Groceries and miscellaneous goods are also on the pricier side, as are transportation costs. In general, Florham Park has a high cost of living compared to other areas in New Jersey and the United States as a whole.