Housing costs in Teaneck?
A typical home costs
$503,300, which is 48.9% more expensive than the national average of
$338,100 and 16.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Teaneck 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 Teaneck?
To live comfortably in Teaneck (zip 07666), New Jersey, a minimum annual income of
$96,480 for a family, and
$63,200 for a single person is recommended.
What does A.I. say about Teaneck?
Living in 07666 Teaneck, NJ can be somewhat costly due to the high median home value and rental prices. According to BestPlaces, the median home value in Teaneck is $539,800 while the median rent for a one bedroom is around $1,450 per month. Additionally, groceries are about 13% higher than the national average and utilities are also higher than the US average. Despite these higher costs of living, people still enjoy living in this area because of its close proximity to New York City and its variety of housing options.