Zip 07731 (Howell, NJ) Cost of Living


3 Reviews



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How much do I need to live in Howell, New Jersey?
$7,920 / month
for a family, 46.7% more expensive than the national average A total of $95,040 for the year for a family.
$4,433 / month
for a single person, 7.0% less expensive than the national average A total of $53,200 for the year for a single person.

Howell cost of living score
129.1
More expensive
29.1% higher
than the US average
7.8% higher
than the New Jersey average
Howell (zip 07731), New Jersey gets a BestPlaces Cost of Living score of 129.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.1% higher than the U.S. average and 7.8% lower than the average for New Jersey.

Zip 07731 (Howell, NJ)

Housing costs in Howell?
A typical home costs $495,200, which is 46.5% more expensive than the national average of $338,100 and 14.6% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Howell costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 2.4% cheaper than the state average of $1,710.

Can I afford Howell?
To live comfortably in Howell (zip 07731), New Jersey, a minimum annual income of $95,040 for a family, and $53,200 for a single person is recommended.

What does A.I. say about Howell?
Living in 07731 Howell, NJ can be quite expensive. The median home value is $345,000, making it one of the most expensive zip codes in the state. The cost of living is also high due to taxes and the local economy, making housing and other basic needs more costly than they may be in other areas. Additionally, the area has a higher-than-average unemployment rate which can make finding employment difficult and lead to financial insecurity for many. Despite these challenges, 07731 Howell offers plenty of amenities and activities for its residents, making it an attractive location for many people looking for a place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHowellNew JerseyUnited States
    Unlock119.8100.0
  105.4  Unlock100.0
    Unlock96.9100.0
  148.5  Unlock100.0
    Unlock$432,100$338,100
  103.6  Unlock100.0
    Unlock127.7100.0
  140.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Howell
    See all (3)

Middle Class, polite, young, private,live and let live  More

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Over 19 years ago

Howell NJ , for as big and as populated as it is, still has the safe deeling of a small  More

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Over 19 years ago

Plenty of things to do. 1 hour from Manhattan and Philadelphia. 15 minutes from Point Pleasant Beach and boardwalk. Bike trails and rivers for  More

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