Housing costs in Manalapan?
A typical home costs
$639,900, which is 89.3% more expensive than the national average of
$338,100 and 48.1% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Manalapan costs
$1,730 per month, which is 21.0% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Manalapan?
To live comfortably in Manalapan, New Jersey, a minimum annual income of
$122,760 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Manalapan?
Manalapan, NJ has a high cost of living compared to the national average. The median home value in Manalapan is $450,000, which is more than double the median home value in the United States. The median household income is $112,700, over 20% higher than the US average. The average rent for a two-bedroom apartment is also significantly higher than in other parts of the country at an estimated $1,851 per month. Groceries and utilities are slightly above average as well. Despite its high cost of living, many people choose to live in Manalapan due to its close proximity to major cities like New York and Philadelphia.