Housing costs in Port Monmouth?
A typical home costs
$349,400, which is 3.3% more expensive than the national average of
$338,100 and 19.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Port Monmouth costs
$1,990 per month, which is 39.2% more than the national average of
$1,430 and 14.1% more than the state average of
$1,710.
Can I afford Port Monmouth?
To live comfortably in Port Monmouth, New Jersey, a minimum annual income of
$66,960 for a family, and
$64,000 for a single person is recommended.
What does A.I. say about Port Monmouth?
The cost of living in Port Monmouth, NJ is quite affordable compared to other parts of the state. The median household income in the area is $68,719, which is approximately 8% higher than the national average. Housing prices are modest in comparison to nearby areas, with a median home value of $322,400 and a median rent price of $1,769. Grocery items and other necessary expenses are also relatively low-cost in the area. Overall, Port Monmouth provides an excellent opportunity for those looking for an affordable place to live.