Zip 07480 (West Milford, NJ) Cost of Living


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How much do I need to live in West Milford, New Jersey?
$6,060 / month
for a family, 12.2% more expensive than the national average A total of $72,720 for the year for a family.
$5,800 / month
for a single person, 21.7% more expensive than the national average A total of $69,600 for the year for a single person.

West Milford cost of living score
124.8
More expensive
24.8% higher
than the US average
4.2% higher
than the New Jersey average
West Milford (zip 07480), 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 07480 (West Milford, NJ)

Housing costs in West Milford?
A typical home costs $378,900, which is 12.1% more expensive than the national average of $338,100 and 12.3% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in West Milford costs $2,020 per month, which is 41.3% more than the national average of $1,430 and 15.3% more than the state average of $1,710.

Can I afford West Milford?
To live comfortably in West Milford (zip 07480), New Jersey, a minimum annual income of $72,720 for a family, and $69,600 for a single person is recommended.

What does A.I. say about West Milford?
The cost of living in 07480 West Milford, NJ is fairly low compared to the national average, making it an ideal place to live for those on a budget. The area boasts affordable housing, with the median home value around $244,000 and rental prices averaging just $1,100 per month. Groceries are also relatively inexpensive at the local stores, while transportation costs can be kept to a minimum due to its close proximity to New York City. Overall, residents of 07480 West Milford can enjoy a high quality of life without breaking the bank.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWest MilfordNew JerseyUnited States
    Unlock119.8100.0
  104.0  Unlock100.0
    Unlock96.9100.0
  116.0  Unlock100.0
    Unlock$432,100$338,100
  101.6  Unlock100.0
    Unlock127.7100.0
  101.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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