Housing costs in Wood-Ridge?
A typical home costs
$509,600, which is 50.7% more expensive than the national average of
$338,100 and 17.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Wood-Ridge costs
$2,090 per month, which is 46.2% more than the national average of
$1,430 and 18.2% more than the state average of
$1,710.
Can I afford Wood-Ridge?
To live comfortably in Wood-Ridge, New Jersey, a minimum annual income of
$97,560 for a family, and
$72,000 for a single person is recommended.
What does A.I. say about Wood-Ridge?
Wood-Ridge, NJ is a top choice for those looking to settle down in New Jersey. The cost of living in Wood-Ridge is relatively low compared to other areas in the state. According to BestPlaces, the average monthly rent for a one bedroom apartment is $1,500 and the cost of utilities is around $170 per month. Groceries are also relatively affordable at just over $400 per month on average. Gas prices are also lower than most parts of the state at about two dollars per gallon. With such low living costs, it's easy to see why Wood-Ridge has become so popular for those looking to call it home.