Housing costs in Plainsboro?
A typical home costs
$728,800, which is 115.6% more expensive than the national average of
$338,100 and 68.7% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Plainsboro costs
$2,220 per month, which is 55.2% more than the national average of
$1,430 and 23.0% more than the state average of
$1,710.
Can I afford Plainsboro?
To live comfortably in Plainsboro, New Jersey, a minimum annual income of
$139,680 for a family, and
$69,600 for a single person is recommended.
What does A.I. say about Plainsboro?
The cost of living in Plainsboro, NJ is relatively high compared to the national average. According to the BestPlaces Cost of Living Index, the total cost of living in Plainsboro is 94.86, which is 16% higher than the US average. Housing expenses, such as rent and utilities, are particularly expensive, with costs averaging 25% higher than the US overall. Food-related costs are also more expensive, ranging from 10-15% above the national rate. However, other expenses like clothing and transportation are less costly than the US average by around 5%. All in all, Plainsboro is an expensive place to live but still offers its residents a good quality of life despite the high prices.