Housing costs in Port Republic?
A typical home costs
$328,900, which is 2.7% less expensive than the national average of
$338,100 and 23.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Port Republic costs
$1,780 per month, which is 24.5% more than the national average of
$1,430 and 3.9% more than the state average of
$1,710.
Can I afford Port Republic?
To live comfortably in Port Republic, New Jersey, a minimum annual income of
$63,000 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Port Republic?
The cost of living in Port Republic, NJ is relatively low compared to many other areas in the country. The housing market is affordable, with average home prices hovering around $212,000, and the cost of utilities and groceries are also competitive. Residents enjoy a lower-than-average sales tax rate of 6.625% as well as an income tax rate averaging around 5%. In addition, there are numerous options for entertainment and dining out that can suit any budget. All in all, Port Republic provides an affordable place to live for those who want to enjoy all the benefits of life near the Jersey Shore without breaking the bank.