Zip 07842 (Hibernia, NJ) Cost of Living


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How much do I need to live in Hibernia, New Jersey?
$9,510 / month
for a family, 76.1% more expensive than the national average A total of $114,120 for the year for a family.
$5,333 / month
for a single person, 11.9% more expensive than the national average A total of $64,000 for the year for a single person.

Hibernia cost of living score
136.6
More expensive
36.6% higher
than the US average
14.0% higher
than the New Jersey average
Hibernia (zip 07842), New Jersey gets a BestPlaces Cost of Living score of 136.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 36.6% higher than the U.S. average and 14.0% lower than the average for New Jersey.

Zip 07842 (Hibernia, NJ)

Housing costs in Hibernia?
A typical home costs $595,700, which is 76.2% more expensive than the national average of $338,100 and 37.9% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Hibernia costs $1,910 per month, which is 33.6% more than the national average of $1,430 and 10.5% more than the state average of $1,710.

Can I afford Hibernia?
To live comfortably in Hibernia (zip 07842), New Jersey, a minimum annual income of $114,120 for a family, and $64,000 for a single person is recommended.

What does A.I. say about Hibernia?
Living in 07842 Hibernia, NJ can be quite expensive. The median home value in the area is $400,917, more than double the national average of $184,700. Renting a one bedroom apartment typically costs between $1,200 and $1,500 per month. Additionally, the cost of groceries and other daily expenses is higher than average. However, despite the high cost of living in this area it is still popular with many families and professionals due to its close proximity to New York City and excellent public school system.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHiberniaNew JerseyUnited States
    Unlock119.8100.0
  105.0  Unlock100.0
    Unlock96.9100.0
  123.1  Unlock100.0
    Unlock$432,100$338,100
  101.7  Unlock100.0
    Unlock127.7100.0
  143.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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