Housing costs in Passaic?
A typical home costs
$447,000, which is 32.2% more expensive than the national average of
$338,100 and 3.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Passaic costs
$1,830 per month, which is 28.0% more than the national average of
$1,430 and 6.6% more than the state average of
$1,710.
Can I afford Passaic?
To live comfortably in Passaic New Jer County, New Jersey, a minimum annual income of
$85,680 for a family, and
$63,200 for a single person is recommended.
What does A.I. say about Passaic?
Passaic, NJ County has a median house value of $447,000 which is significantly higher than the US average of $338,100. In addition to that, the cost of living in Passaic is also significantly higher than the national average. The cost of living index in Passaic is 124.8 when compared to the US average of 100. This means that it is 24.8% more expensive to live in Passaic than the national average. Living expenses such as groceries, transportation and housing are all higher in Passaic than the US averages due to its close proximity to New York City and other urban amenities.