Zip 07508 (North Haledon, NJ) Cost of Living


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North Haledon cost of living score
124.8
More expensive
24.8% higher
than the US average
4.2% higher
than the New Jersey average
North Haledon (zip 07508), New Jersey gets a BestPlaces Cost of Living score of 124.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.8% higher than the U.S. average and 4.2% lower than the average for New Jersey.

Zip 07508 (North Haledon, NJ)

Housing costs in North Haledon?
A typical home costs $463,700, which is 37.1% more expensive than the national average of $338,100 and 7.3% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in North Haledon costs $1,840 per month, which is 7.6% more than the national average of $1,710 and 17.9% cheaper than the state average of $2,170.

Can I afford North Haledon?
To live comfortably in North Haledon (zip 07508), New Jersey, a minimum annual income of $88,920 for a family, and $63,200 for a single person is recommended.

What does A.I. say about North Haledon?
The cost of living in 07508 North Haledon, NJ is relatively high compared to the rest of the country. The median home value is $425,000, and the median household income is $77,000 per year. This means that housing costs are significantly higher than the national average, making it difficult for those on lower incomes to afford a home. Additionally, utilities can be costly due to New Jersey's high taxes and fees. Groceries, transportation, and healthcare costs are also above average in this area. Overall, 07508 North Haledon has a relatively high cost of living that may not be suitable for those with a tight budget.
   Cost of living score
     CategoriesNorth HaledonNew JerseyUnited States
  124.8119.8100.0
  105.6105.8100
  101.296.9100.0
  156.3136.4100.0
  $463,700$432,100$338,100
  113.8%109.2%100.0%
  133.1127.7100.0
  101.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime