Zip 07853 (Long Valley, NJ) Cost of Living


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How much do I need to live in Long Valley, New Jersey?
$9,090 / month
for a family, 68.3% more expensive than the national average A total of $109,080 for the year for a family.
$6,533 / month
for a single person, 37.0% more expensive than the national average A total of $78,400 for the year for a single person.

Long Valley cost of living score
136.6
More expensive
36.6% higher
than the US average
14.0% higher
than the New Jersey average
Long Valley (zip 07853), New Jersey gets a BestPlaces Cost of Living score of 136.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 36.6% higher than the U.S. average and 14.0% lower than the average for New Jersey.

Zip 07853 (Long Valley, NJ)

Housing costs in Long Valley?
A typical home costs $569,900, which is 68.6% more expensive than the national average of $338,100 and 31.9% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Long Valley costs $2,360 per month, which is 65.0% more than the national average of $1,430 and 27.5% more than the state average of $1,710.

Can I afford Long Valley?
To live comfortably in Long Valley (zip 07853), New Jersey, a minimum annual income of $109,080 for a family, and $78,400 for a single person is recommended.

What does A.I. say about Long Valley?
The cost of living in 07853 Long Valley, NJ is generally quite high compared to the national average. The area is known for its high housing costs, with a median home value of $415,500. Goods and services also tend to be more expensive than the national average. However, this can be offset by the excellent quality of life in the area. Long Valley offers its residents great access to nearby cities, as well as plenty of outdoor activities and amenities such as parks and shopping centers. Ultimately, while it may be costly to live in Long Valley, it can still be a great place to settle down due to its many advantages.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLong ValleyNew JerseyUnited States
    Unlock119.8100.0
  106.7  Unlock100.0
    Unlock96.9100.0
  176.3  Unlock100.0
    Unlock$432,100$338,100
  98.2  Unlock100.0
    Unlock127.7100.0
  143.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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