Zip 07463 (Waldwick, NJ) Cost of Living


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How much do I need to live in Waldwick, New Jersey?
$8,250 / month
for a family, 52.8% more expensive than the national average A total of $99,000 for the year for a family.
$7,000 / month
for a single person, 46.8% more expensive than the national average A total of $84,000 for the year for a single person.

Waldwick cost of living score
141
More expensive
41.0% higher
than the US average
17.7% higher
than the New Jersey average
Waldwick (zip 07463), New Jersey gets a BestPlaces Cost of Living score of 141, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 41.0% higher than the U.S. average and 17.7% lower than the average for New Jersey.

Zip 07463 (Waldwick, NJ)

Housing costs in Waldwick?
A typical home costs $516,800, which is 52.9% more expensive than the national average of $338,100 and 19.6% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Waldwick costs $2,440 per month, which is 42.7% more than the national average of $1,710 and 11.1% more than the state average of $2,170.

Can I afford Waldwick?
To live comfortably in Waldwick (zip 07463), New Jersey, a minimum annual income of $99,000 for a family, and $84,000 for a single person is recommended.

What does A.I. say about Waldwick?
The cost of living in 07463 Waldwick, NJ is relatively high compared to the national average. The median home value in the area is around $479,000 and the median household income is around $112,000. This means that the cost of living in this area is higher than many other areas across the country. Despite this, Waldwick remains an attractive location for those looking to settle down due to its close proximity to major cities like New York City and Newark. Additionally, with many small businesses located in downtown Waldwick, there are plenty of options for dining out or shopping nearby. All these factors make living in 07463 Waldwick a great choice for those looking for a high quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWaldwickNew JerseyUnited States
    Unlock119.8100.0
  106.6  Unlock100.0
    Unlock96.9100.0
  178.9  Unlock100.0
    Unlock$432,100$338,100
  113.1  Unlock100.0
    Unlock127.7100.0
  140.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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