Housing costs in Collings Lakes?
A typical home costs
$172,900, which is 48.9% less expensive than the national average of
$338,100 and 60.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Collings Lakes costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 17.1% cheaper than the state average of
$1,710.
Can I afford Collings Lakes?
To live comfortably in Collings Lakes, New Jersey, a minimum annual income of
$33,120 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Collings Lakes?
Collings Lakes, NJ offers a reasonable cost of living when compared to other cities in the state. The median home price in Collings Lakes is $205,500, which is significantly lower than the state average of $323,600. Rent prices are also fairly reasonable, with a median rent rate of $1,190 per month. Additionally, utilities for a typical 900-square foot apartment can generally be expected to run just under $150 per month. Transportation costs in Collings Lakes are quite low due to its close proximity to major highways and public transportation routes. All these factors combine to make Collings Lakes an affordable place to live for those looking for a safe and welcoming neighborhood with access to all the amenities they need nearby.