Housing costs in Towaco?
A typical home costs
$669,000, which is 97.9% more expensive than the national average of
$338,100 and 54.8% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Towaco costs
$2,470 per month, which is 72.7% more than the national average of
$1,430 and 30.8% more than the state average of
$1,710.
Can I afford Towaco?
To live comfortably in Towaco (zip 07082), New Jersey, a minimum annual income of
$128,160 for a family, and
$82,400 for a single person is recommended.
What does A.I. say about Towaco?
The cost of living in 07082 Towaco, NJ is quite high due to its close proximity to New York City and the desirable lifestyle that it provides. Renting a one-bedroom apartment in Towaco can range anywhere from $1,300 to over $2,000 depending on the location and amenities offered. On average, groceries for a family of four will run about $100-$150 per week, while utilities such as gas and electric can range from $50-$100 per month. Transportation costs are relatively low thanks to public transportation operating out of nearby towns and cities such as Hoboken and Newark. Overall, the cost of living in 07082 Towaco, NJ is higher than many other parts of the state but still manageable with careful budgeting.