Zip 08863 (Fords, NJ) Cost of Living


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How much do I need to live in Fords, New Jersey?
$6,240 / month
for a family, 15.6% more expensive than the national average A total of $74,880 for the year for a family.
$5,100 / month
for a single person, 7.0% more expensive than the national average A total of $61,200 for the year for a single person.

Fords cost of living score
124.7
More expensive
24.7% higher
than the US average
4.1% higher
than the New Jersey average
Fords (zip 08863), New Jersey gets a BestPlaces Cost of Living score of 124.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.7% higher than the U.S. average and 4.1% lower than the average for New Jersey.

Zip 08863 (Fords, NJ)

Housing costs in Fords?
A typical home costs $390,600, which is 15.5% more expensive than the national average of $338,100 and 9.6% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Fords costs $1,940 per month, which is 35.7% more than the national average of $1,430 and 11.9% more than the state average of $1,710.

Can I afford Fords?
To live comfortably in Fords (zip 08863), New Jersey, a minimum annual income of $74,880 for a family, and $61,200 for a single person is recommended.

What does A.I. say about Fords?
The cost of living in 08863 Fords, NJ is quite high compared to other areas. Housing prices are especially expensive and can be out of reach of many people. The average price for a two-bedroom apartment is $1,788 per month, which is more than double the national average. As such, it's important to factor in these costs when budgeting for a move or relocation to this area. The cost of food and goods are also higher than average with an overall cost of living index above the national average. Though it may be intimidating at first glance, those who plan ahead and take advantage of the numerous resources available will find that 08863 Fords, NJ can be a great place to live despite its high cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFordsNew JerseyUnited States
    Unlock119.8100.0
  104.5  Unlock100.0
    Unlock96.9100.0
  121.7  Unlock100.0
    Unlock$432,100$338,100
  114.7  Unlock100.0
    Unlock127.7100.0
  122.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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