Zip 07064 (Port Reading, NJ) Cost of Living


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Port Reading cost of living score
124.7
More expensive
24.7% higher
than the US average
4.1% higher
than the New Jersey average
Port Reading (zip 07064), New Jersey gets a BestPlaces Cost of Living score of 124.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.7% higher than the U.S. average and 4.1% lower than the average for New Jersey.

Zip 07064 (Port Reading, NJ)

Housing costs in Port Reading?
A typical home costs $400,100, which is 18.3% more expensive than the national average of $338,100 and 7.4% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Port Reading costs $1,930 per month, which is 35.0% more than the national average of $1,430 and 11.4% more than the state average of $1,710.

Can I afford Port Reading?
To live comfortably in Port Reading (zip 07064), New Jersey, a minimum annual income of $76,680 for a family, and $61,200 for a single person is recommended.

What does A.I. say about Port Reading?
The cost of living in 07064 Port Reading, NJ is quite high compared to the national average. The median home value is $230,400 which is almost double the national average of $186,300 and the median household income is also significantly higher than the national average at $74,841. Food prices are generally higher than what you would find in other parts of the US and transportation costs can be quite expensive due to its proximity to major cities such as New York City and Philadelphia. Despite the higher cost of living in Port Reading, NJ, many people still choose to live there due to its excellent public schools and convenient location to major cities.
   Cost of living score
     CategoriesPort ReadingNew JerseyUnited States
  124.7119.8100.0
  104.6105.8100
  98.896.9100.0
  127.6136.4100.0
  $400,100$432,100$338,100
  115.1%109.2%100.0%
  136.5127.7100.0
  122.1112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime