Housing costs in Ramsey?
A typical home costs
$620,600, which is 83.6% more expensive than the national average of
$338,100 and 43.6% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Ramsey costs
$2,110 per month, which is 23.4% more than the national average of
$1,710 and 2.8% cheaper than the state average of
$2,170.
Can I afford Ramsey?
To live comfortably in Ramsey (zip 07446), New Jersey, a minimum annual income of
$118,800 for a family, and
$72,800 for a single person is recommended.
What does A.I. say about Ramsey?
The cost of living in 07446 Ramsey, NJ is relatively high compared to other places throughout the country. According to the BestPlaces Cost of Living Index, Ramsey is ranked as the 47th most expensive place to live in the United States. The cost of housing in Ramsey is about 97% higher than the national average, while groceries and health care are about 18% and 8% higher than the national average, respectively. The overall cost of living in this area is about 18% more expensive than the national average. Additionally, property taxes can be quite high for residents of Ramsey, with rates up to 2.117%. All in all, it's important for potential residents to consider the cost of living when relocating to 07446 Ramsey, NJ.