Housing costs in Avalon?
A typical home costs
$2,397,600, which is 609.1% more expensive than the national average of
$338,100 and 454.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Avalon costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Avalon?
To live comfortably in Avalon, New Jersey, a minimum annual income of
$459,360 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Avalon?
The cost of living in Avalon, NJ is relatively high compared to other places in the state. The average home price is around $1 million, making it one of the most expensive places to live in New Jersey. In addition, the taxes are also higher than many other areas of the state, making it difficult for residents to make ends meet. Despite the high cost of living, Avalon offers a beautiful beachfront that many find attractive and worth the extra expense. With charming shops, restaurants, and outdoor activities available year-round, Avalon is a desirable place to call home.