Housing costs in South River?
A typical home costs
$421,000, which is 24.5% more expensive than the national average of
$338,100 and 2.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in South River costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford South River?
To live comfortably in South River, New Jersey, a minimum annual income of
$80,640 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about South River?
The cost of living in South River, NJ is relatively affordable when compared to some other parts of the state. The median home value and housing costs are both lower than the national average, and the overall cost of living is moderately cheaper when compared to nearby towns. Additionally, many residents take advantage of proximity to nearby metropolitan areas with higher costs of living for employment opportunities, allowing them to live in a more affordable area while keeping expenses low.