Housing costs in Clayton?
A typical home costs
$240,700, which is 28.8% less expensive than the national average of
$338,100 and 44.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Clayton costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 23.9% cheaper than the state average of
$1,710.
Can I afford Clayton?
To live comfortably in Clayton, New Jersey, a minimum annual income of
$46,080 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Clayton?
The cost of living in Clayton, NJ is relatively high. Home prices are on the rise and the median sale price for a home is approximately $160,000. The average rental rate is around $1,500 per month. Groceries are slightly more expensive than other nearby towns due to limited competition in the area. Taxes are also significantly high as there are multiple local taxes that homeowners must pay including school, county, and library taxes. Despite the higher cost of living, Clayton offers numerous amenities that make it an attractive place to live like excellent schools, plenty of restaurants and shops, and easy access to major highways.