Housing costs in Pequannock?
A typical home costs
$510,600, which is 51.0% more expensive than the national average of
$338,100 and 18.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Pequannock costs
$1,840 per month, which is 28.7% more than the national average of
$1,430 and 7.1% more than the state average of
$1,710.
Can I afford Pequannock?
To live comfortably in Pequannock (zip 07440), New Jersey, a minimum annual income of
$97,920 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Pequannock?
The cost of living in 07440 Pequannock, NJ is relatively affordable compared to other parts of the country. According to recent data from Best Places, the median home cost in Pequannock is $355,800 and rent costs an average of $1,443 per month. The cost of groceries and transportation are also lower than the national average at 10% and 16% respectively. The overall cost of living index for Pequannock is 126.3 which is higher than the U.S average but still much lower than some parts of the country like New York City and San Francisco.