Zip 07470 (Wayne, NJ) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Wayne cost of living score
124.8
More expensive
24.8% higher
than the US average
4.2% higher
than the New Jersey average
Wayne (zip 07470), New Jersey gets a BestPlaces Cost of Living score of 124.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.8% higher than the U.S. average and 4.2% lower than the average for New Jersey.

Zip 07470 (Wayne, NJ)

Housing costs in Wayne?
A typical home costs $587,600, which is 73.8% more expensive than the national average of $338,100 and 36.0% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Wayne costs $2,070 per month, which is 44.8% more than the national average of $1,430 and 17.4% more than the state average of $1,710.

Can I afford Wayne?
To live comfortably in Wayne (zip 07470), New Jersey, a minimum annual income of $112,680 for a family, and $71,200 for a single person is recommended.

What does A.I. say about Wayne?
The cost of living in 07470 Wayne, NJ is relatively high compared to other cities in the U.S. The median home price is $458,400, and rent prices are similarly high at an average of $1800 per month for a one-bedroom apartment. Grocery and utility costs are slightly higher than the national average due to the higher standard of living in this area. Other areas such as entertainment and transportation also tend to be more expensive, although there are public transportation options available that can help reduce some of these costs.
   Cost of living score
     CategoriesWayneNew JerseyUnited States
  124.8119.8100.0
  106.8105.8100
  101.296.9100.0
  183.4136.4100.0
  $587,600$432,100$338,100
  103.6%109.2%100.0%
  138.6127.7100.0
  101.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime