Cost of Living in Fair lawn, NJ
Housing
The housing market plays a significant role in determining the cost of living in Fair lawn, NJ.
- Housing Index: 125.4 / 100
- Median Home Price is: $561,000
- Average Rent (2 BR Apartment): $2300 per month
- Average Rent (2 BR House): $2365 per month
If you’re considering a move to Fair lawn, NJ, the housing data reveals a competitive market characterized by a housing index of 125.4. With a median home price of 561000 and an average rent of 2300 for a 2-bedroom apartment or 2365 for a house, affordability may be a concern. It's worth noting that this market could offer potential long-term growth. Make sure to factor in the local economy and community amenities to ensure you make a well-rounded decision on your potential move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fair lawn, NJ.
- Electricity Price: $19.88 USD (median by state)
- Natural Gas Price: $14.01 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $280 per month
Living in Fair lawn, NJ could entail higher utility costs. Electricity costs sit at $19.88, while natural gas is priced at $14.01 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $280 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Fair lawn is a financially viable option for your relocation.