Housing costs in Short Hills?
A typical home costs
$1,738,200, which is 414.1% more expensive than the national average of
$338,100 and 302.3% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Short Hills costs
$2,350 per month, which is 64.3% more than the national average of
$1,430 and 27.2% more than the state average of
$1,710.
Can I afford Short Hills?
To live comfortably in Short Hills (zip 07078), New Jersey, a minimum annual income of
$333,000 for a family, and
$78,400 for a single person is recommended.
What does A.I. say about Short Hills?
The cost of living in 07078 Short Hills, NJ is quite high. The median home price is $1,190,000 which is nearly double the national average. The monthly cost of utilities runs around $407 for basic services and that does not include internet. Groceries are about 3% higher than the national average as well. Transportation costs vary depending on how far people need to travel for work or school but can be costly overall. It’s important to factor in all of these costs when considering if Short Hills is affordable or not.