Housing costs in Hoboken?
A typical home costs
$787,500, which is 132.9% more expensive than the national average of
$338,100 and 82.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hoboken costs
$3,140 per month, which is 83.6% more than the national average of
$1,710 and 30.9% more than the state average of
$2,170.
Can I afford Hoboken?
To live comfortably in Hoboken (zip 07030), New Jersey, a minimum annual income of
$150,840 for a family, and
$109,600 for a single person is recommended.
What does A.I. say about Hoboken?
Hoboken, NJ 07030 has a high cost of living compared to the national average. The cost of housing, utilities, groceries, and other goods is significantly higher than the rest of the country. Despite this, Hoboken remains an attractive option for many due to its close proximity to New York City and its range of amenities. Rent prices in particular are among some of the highest in the nation, but there are also many affordable homes available in less expensive areas and cities nearby.