Housing costs in Barnegat Light?
A typical home costs
$1,201,900, which is 255.5% more expensive than the national average of
$338,100 and 178.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Barnegat Light costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 17.9% cheaper than the state average of
$1,710.
Can I afford Barnegat Light?
To live comfortably in Barnegat Light, New Jersey, a minimum annual income of
$230,400 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Barnegat Light?
The cost of living in Barnegat Light, NJ is relatively high compared to the rest of the state. The median home value is $613,600 and the median household income is $81,250, which are both higher than the US average. Groceries, healthcare, transportation, and utilities also tend to be more expensive than the national average. Despite this, housing costs in Barnegat Light are generally lower than those found in nearby beach communities such as Long Beach Island and Ocean City. Overall, while Barnegat Light may not offer a cheap cost of living it does offer great amenities and access to the beautiful Jersey Shore.