Zip 07044 (Verona, NJ) Cost of Living


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Verona cost of living score
135
More expensive
35.0% higher
than the US average
12.7% higher
than the New Jersey average
Verona (zip 07044), 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 07044 (Verona, NJ)

Housing costs in Verona?
A typical home costs $558,900, which is 65.3% more expensive than the national average of $338,100 and 29.3% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Verona costs $1,950 per month, which is 36.4% more than the national average of $1,430 and 12.3% more than the state average of $1,710.

Can I afford Verona?
To live comfortably in Verona (zip 07044), New Jersey, a minimum annual income of $106,920 for a family, and $64,800 for a single person is recommended.

What does A.I. say about Verona?
Living in 07044 Verona, NJ is quite affordable. According to BestPlaces, the cost of living index for Verona is 79.98, which is lower than the national average of 100. Housing prices are particularly reasonable; a one-bedroom apartment can be rented for around $1,500 per month. Groceries and health care costs tend to be slightly higher than the national average, however they remain reasonable compared to other cities in New Jersey. All in all, Verona provides an excellent quality of life at a fraction of the cost of other cities in the region.
   Cost of living score
     CategoriesVeronaNew JerseyUnited States
  135.0119.8100.0
  107105.8100
  99.196.9100.0
  185.8136.4100.0
  $558,900$432,100$338,100
  113.1%109.2%100.0%
  142.1127.7100.0
  108.1112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime