Zip 07506 (Hawthorne, NJ) Cost of Living


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How much do I need to live in Hawthorne, New Jersey?
$7,770 / month
for a family, 43.9% more expensive than the national average A total of $93,240 for the year for a family.
$5,433 / month
for a single person, 14.0% more expensive than the national average A total of $65,200 for the year for a single person.

Hawthorne cost of living score
124.8
More expensive
24.8% higher
than the US average
4.2% higher
than the New Jersey average
Hawthorne (zip 07506), New Jersey gets a BestPlaces Cost of Living score of 124.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.8% higher than the U.S. average and 4.2% lower than the average for New Jersey.

Zip 07506 (Hawthorne, NJ)

Housing costs in Hawthorne?
A typical home costs $486,200, which is 43.8% more expensive than the national average of $338,100 and 12.5% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Hawthorne costs $1,890 per month, which is 10.5% more than the national average of $1,710 and 14.8% cheaper than the state average of $2,170.

Can I afford Hawthorne?
To live comfortably in Hawthorne (zip 07506), New Jersey, a minimum annual income of $93,240 for a family, and $65,200 for a single person is recommended.

What does A.I. say about Hawthorne?
The cost of living in 07506 Hawthorne, NJ is relatively high compared to other parts of the country. The median home value in the area is $347,400, and according to Zillow, the median list price per square foot is $293. Renters can expect to pay about $1,898 per month for a one-bedroom apartment. In addition to housing costs, many other costs are considered when determining the cost of living in an area such as transportation, groceries, healthcare, taxes, and entertainment. Overall, residents of 07506 Hawthorne should expect to pay more than average for basic necessities and amenities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHawthorneNew JerseyUnited States
    Unlock119.8100.0
  105.7  Unlock100.0
    Unlock96.9100.0
  155.6  Unlock100.0
    Unlock$432,100$338,100
  113.8  Unlock100.0
    Unlock127.7100.0
  101.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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