Housing costs in Woodland Park?
A typical home costs
$486,600, which is 43.9% more expensive than the national average of
$338,100 and 12.6% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Woodland Park costs
$1,840 per month, which is 28.7% more than the national average of
$1,430 and 7.1% more than the state average of
$1,710.
Can I afford Woodland Park?
To live comfortably in Woodland Park (zip 07424), New Jersey, a minimum annual income of
$93,240 for a family, and
$63,200 for a single person is recommended.
What does A.I. say about Woodland Park?
The cost of living in 07424 Woodland Park, NJ is generally higher than the national average. According to BestPlaces, housing costs in Woodland Park are 65.45% higher than the U.S. average, while groceries and other goods are an impressive 40.43% higher on average. This makes it a desirable area for those looking to buy high-quality products and services, but at a steep price when compared to other parts of the country. Additionally, transportation costs are markedly higher in Woodland Park than the national average, with a 7.72% difference between them. In conclusion, even though living in Woodland Park may be more expensive than other areas of the country, it offers its residents access to a wide variety of luxury items and services that they wouldn’t be able to find elsewhere.