Zip 07419 (Hamburg, NJ) Cost of Living


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Hamburg cost of living score
115
More expensive
15.0% higher
than the US average
4.0% lower
than the New Jersey average
Hamburg (zip 07419), New Jersey gets a BestPlaces Cost of Living score of 115, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% higher than the U.S. average and 4.0% higher than the average for New Jersey.

Zip 07419 (Hamburg, NJ)

Housing costs in Hamburg?
A typical home costs $315,900, which is 6.6% less expensive than the national average of $338,100 and 26.9% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Hamburg costs $1,710 per month, which is 19.6% more than the national average of $1,430 and close to the state average of $1,710.

Can I afford Hamburg?
To live comfortably in Hamburg (zip 07419), New Jersey, a minimum annual income of $60,480 for a family, and $56,800 for a single person is recommended.

What does A.I. say about Hamburg?
The cost of living in 07419 Hamburg, NJ is relatively affordable. Housing costs are reasonable, with the median home price being around $260,000. The area also has a low unemployment rate and a good job market, which helps residents keep their costs down. Taxes are low as well, making it an attractive place to live for those looking for an affordable lifestyle. In addition, Hamburg has some great restaurants and shopping centers that offer many opportunities to save money on necessities like groceries and clothing items. Overall, 07419 Hamburg is an affordable community that can offer its residents a comfortable lifestyle without breaking the bank.
   Cost of living score
     CategoriesHamburgNew JerseyUnited States
  115.0119.8100.0
  102.7105.8100
  99.196.9100.0
  92.4136.4100.0
  $315,900$432,100$338,100
  101.7%109.2%100.0%
  154.0127.7100.0
  116.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime