Housing costs in Little Ferry?
A typical home costs
$445,900, which is 31.9% more expensive than the national average of
$338,100 and 3.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Little Ferry costs
$1,680 per month, which is 1.8% cheaper than the national average of
$1,710 and 29.2% cheaper than the state average of
$2,170.
Can I afford Little Ferry?
To live comfortably in Little Ferry (zip 07643), New Jersey, a minimum annual income of
$85,320 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Little Ferry?
The cost of living in 07643 Little Ferry, NJ is higher than the national average. This is due to the fact that it is located in a densely populated area near New York City and within Bergen County. The median home value in Little Ferry is around $414,400 which is significantly higher than the US average of $184,700. Additionally, the cost of groceries, health care and transportation are all higher than the national averages. Despite these costs, residents benefit from amenities such as close proximity to entertainment venues, parks and recreation activities and diverse shopping outlets. Overall, living in 07643 Little Ferry, NJ can be expensive but offers a wide variety of benefits for its residents.