Housing costs in Little Silver?
A typical home costs
$831,700, which is 146.0% more expensive than the national average of
$338,100 and 92.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Little Silver costs
$2,440 per month, which is 70.6% more than the national average of
$1,430 and 29.9% more than the state average of
$1,710.
Can I afford Little Silver?
To live comfortably in Little Silver, New Jersey, a minimum annual income of
$159,480 for a family, and
$78,000 for a single person is recommended.
What does A.I. say about Little Silver?
The cost of living in Little Silver, NJ is quite high. According to Cost of Living Index, it is approximately 132.4 compared to the national average of 100. This means that Little Silver residents must pay 32.4% more for the same goods and services than the average US citizen. Housing is one of the most significant expenses, with an average house costing around $575,000 and a median rent of $2,250 per month. The overall cost of food and transportation is also higher than average, making living in Little Silver a costly endeavor.