Zip 07068 (Roseland, NJ) Cost of Living


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How much do I need to live in Roseland, New Jersey?
$10,410 / month
for a family, 92.8% more expensive than the national average A total of $124,920 for the year for a family.
$6,667 / month
for a single person, 39.9% more expensive than the national average A total of $80,000 for the year for a single person.

Roseland cost of living score
135
More expensive
35.0% higher
than the US average
12.7% higher
than the New Jersey average
Roseland (zip 07068), New Jersey gets a BestPlaces Cost of Living score of 135, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 35.0% higher than the U.S. average and 12.7% lower than the average for New Jersey.

Zip 07068 (Roseland, NJ)

Housing costs in Roseland?
A typical home costs $651,300, which is 92.6% more expensive than the national average of $338,100 and 50.7% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Roseland costs $2,400 per month, which is 40.4% more than the national average of $1,710 and 9.6% more than the state average of $2,170.

Can I afford Roseland?
To live comfortably in Roseland (zip 07068), New Jersey, a minimum annual income of $124,920 for a family, and $80,000 for a single person is recommended.

What does A.I. say about Roseland?
The cost of living in 07068 Roseland, NJ is relatively high compared to other parts of the country. The median home value in this zip code is $351,790, which is significantly higher than the national median of $223,900. In addition, the overall cost of living index for this area is 127.2, which is 27.2% higher than the U.S. average of 100. Groceries and utilities also tend to be more expensive than what you would find in a different part of the country. Despite these factors, it is still possible to get by on a budget if one plans ahead and takes advantage of local discounts and offers.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRoselandNew JerseyUnited States
    Unlock119.8100.0
  108.0  Unlock100.0
    Unlock96.9100.0
  201.1  Unlock100.0
    Unlock$432,100$338,100
  104.5  Unlock100.0
    Unlock127.7100.0
  108.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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