Housing costs in Ho-Ho-Kus?
A typical home costs
$945,700, which is 179.7% more expensive than the national average of
$338,100 and 118.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Ho-Ho-Kus costs
$2,780 per month, which is 62.6% more than the national average of
$1,710 and 21.9% more than the state average of
$2,170.
Can I afford Ho-Ho-Kus?
To live comfortably in Ho-Ho-Kus (zip 07423), New Jersey, a minimum annual income of
$181,080 for a family, and
$95,600 for a single person is recommended.
What does A.I. say about Ho-Ho-Kus?
The cost of living in 07423 Ho-Ho-Kus, NJ can be steep. According to BestPlaces's Cost of Living Index, the overall cost of living is 22.59% higher than the national average, making it a rather expensive place to live. Housing is particularly costly, as the median home sale price stands at $615,600—nearly three times more than the national median. Other expenses such as groceries, transportation and healthcare are also quite high compared to other parts of the country. Despite this, many people choose to live in 07423 Ho-Ho-Kus due to its excellent schools and close proximity to New York City.