Housing costs in Oceanport?
A typical home costs
$692,700, which is 104.9% more expensive than the national average of
$338,100 and 60.3% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Oceanport costs
$2,360 per month, which is 65.0% more than the national average of
$1,430 and 27.5% more than the state average of
$1,710.
Can I afford Oceanport?
To live comfortably in Oceanport, New Jersey, a minimum annual income of
$132,840 for a family, and
$75,200 for a single person is recommended.
What does A.I. say about Oceanport?
The cost of living in Oceanport, NJ is relatively high compared to other areas in the state. According to a recent study, the cost of living index for Oceanport, NJ is 101.2, which is nearly two points higher than the national average. Housing costs in particular are particularly expensive due to the area’s proximity to New York City and its attractive beaches. While groceries, health care, and utilities tend to be slightly below average when compared to the rest of New Jersey, transportation and other miscellaneous expenses tend to be higher than average. All things considered, Oceanport is a great place to live but it may be too costly for some people's budgets.