Zip 07934 (Peapack and Gladstone, NJ) Cost of Living


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Peapack and Gladstone cost of living score
131.6
More expensive
31.6% higher
than the US average
9.8% higher
than the New Jersey average
Peapack and Gladstone (zip 07934), New Jersey gets a BestPlaces Cost of Living score of 131.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.6% higher than the U.S. average and 9.8% lower than the average for New Jersey.

Zip 07934 (Peapack and Gladstone, NJ)

Housing costs in Peapack and Gladstone?
A typical home costs $835,400, which is 147.1% more expensive than the national average of $338,100 and 93.3% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Peapack and Gladstone costs $2,290 per month, which is 33.9% more than the national average of $1,710 and 5.2% more than the state average of $2,170.

Can I afford Peapack and Gladstone?
To live comfortably in Peapack and Gladstone (zip 07934), New Jersey, a minimum annual income of $160,200 for a family, and $72,400 for a single person is recommended.

What does A.I. say about Peapack and Gladstone?
The cost of living in 07934 Peapack and Gladstone, NJ is quite high. This is due to the area's close proximity to New York City and its suburbs, making it a desirable place to live. The median home value in Peapack and Gladstone is $941,000, which reflects the high costs associated with living in this area. On top of that, groceries, healthcare, utilities, and transportation are all more expensive than the national average. Despite these higher costs of living, Peapack and Gladstone has become increasingly popular due to its lower taxes compared to other areas nearby.
   Cost of living score
     CategoriesPeapack and GladstoneNew JerseyUnited States
  131.6119.8100.0
  110.4105.8100
  97.596.9100.0
  247.4136.4100.0
  $835,400$432,100$338,100
  105.5%109.2%100.0%
  142.7127.7100.0
  143.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime