Zip 07843 (Hopatcong, NJ) Cost of Living


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How much do I need to live in Hopatcong, New Jersey?
$5,400 / month
for a family, 0.0% more expensive than the national average A total of $64,800 for the year for a family.
$4,833 / month
for a single person, 1.4% more expensive than the national average A total of $58,000 for the year for a single person.

Hopatcong cost of living score
115
More expensive
15.0% higher
than the US average
4.0% lower
than the New Jersey average
Hopatcong (zip 07843), New Jersey gets a BestPlaces Cost of Living score of 115, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% higher than the U.S. average and 4.0% higher than the average for New Jersey.

Zip 07843 (Hopatcong, NJ)

Housing costs in Hopatcong?
A typical home costs $338,700, which is 0.2% more expensive than the national average of $338,100 and 21.6% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Hopatcong costs $1,740 per month, which is 1.8% more than the national average of $1,710 and 24.7% cheaper than the state average of $2,170.

Can I afford Hopatcong?
To live comfortably in Hopatcong (zip 07843), New Jersey, a minimum annual income of $64,800 for a family, and $58,000 for a single person is recommended.

What does A.I. say about Hopatcong?
The cost of living in 07843 Hopatcong, NJ is quite reasonable. According to the cost of living index, prices are approximately 13% lower than the national average. This means that basic necessities such as groceries and housing can be obtained at a much lower price than elsewhere in America. The median home value is also quite affordable at around $314,000 which provides great value for the area. Overall, Hopatcong is an excellent place to live due to its low prices while still providing high quality amenities and services.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHopatcongNew JerseyUnited States
    Unlock119.8100.0
  103.1  Unlock100.0
    Unlock96.9100.0
  105.9  Unlock100.0
    Unlock$432,100$338,100
  101.0  Unlock100.0
    Unlock127.7100.0
  116.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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