Housing costs in Hillsdale?
A typical home costs
$645,200, which is 90.8% more expensive than the national average of
$338,100 and 49.3% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hillsdale costs
$1,920 per month, which is 12.3% more than the national average of
$1,710 and 13.0% cheaper than the state average of
$2,170.
Can I afford Hillsdale?
To live comfortably in Hillsdale (zip 07642), New Jersey, a minimum annual income of
$123,480 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Hillsdale?
Hillsdale, NJ (07642) is known for its high cost of living. According to Best Places, the overall cost of living index in Hillsdale is nearly 20 percent higher than the national average. Housing costs are especially expensive in the area, with a median home value of $460,300. This means that buying a house can be out of reach for many people. Renters have it better, with an average rent of about $2,000 per month. Groceries and health care costs are also high in Hillsdale compared to other places. All together, these factors make Hillsdale one of the more expensive places to live in New Jersey.