Housing costs in Highland Park?
A typical home costs
$441,100, which is 30.5% more expensive than the national average of
$338,100 and 2.1% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Highland Park costs
$1,810 per month, which is 5.8% more than the national average of
$1,710 and 19.9% cheaper than the state average of
$2,170.
Can I afford Highland Park?
To live comfortably in Highland Park (zip 08904), New Jersey, a minimum annual income of
$84,600 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Highland Park?
Living in 08904 Highland Park, NJ is a great choice for those looking to live in a comfortable and luxurious area without breaking the bank. Despite its upscale nature, the cost of living in the area is relatively affordable, especially when compared to other areas of New Jersey. The median home value is $369,400 and the median rent for a two-bedroom apartment costs around $1,430 per month. Additionally, groceries and transportation expenses are more than reasonable with average gas prices at around $2.19 per gallon and weekly grocery bills ranging from $90-$150 depending on lifestyle habits. All in all, living in 08904 Highland Park, NJ is an ideal place for those seeking a luxurious lifestyle without having to compromise their financial wellbeing.