Housing costs in Totowa?
A typical home costs
$512,000, which is 51.4% more expensive than the national average of
$338,100 and 18.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Totowa costs
$1,950 per month, which is 14.0% more than the national average of
$1,710 and 11.3% cheaper than the state average of
$2,170.
Can I afford Totowa?
To live comfortably in Totowa (zip 07512), New Jersey, a minimum annual income of
$98,280 for a family, and
$67,200 for a single person is recommended.
What does A.I. say about Totowa?
The cost of living in 07512 Totowa, NJ is surprisingly affordable. The median home value for the area is $389,700 which is much lower than the state median of $430,400. Rentals offer even more budget-friendly options with a median rent price of $1,800 per month. In addition to housing costs being relatively low, transportation and utilities are much cheaper compared to other towns as well. On top of these affordable costs, there are plenty of amenities nearby such as stores and restaurants the residents can enjoy without having to travel far from their homes.