Housing costs in Woodbury?
A typical home costs
$246,400, which is 27.1% less expensive than the national average of
$338,100 and 43.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Woodbury costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and 4.3% cheaper than the state average of
$1,710.
Can I afford Woodbury?
To live comfortably in Woodbury, New Jersey, a minimum annual income of
$47,160 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Woodbury?
Woodbury is a desirable place to live, and the cost of living reflects that. On average, housing costs are slightly higher than the national average. The median home price is about $230,000, while the median rent is around $1,600 per month. Food and groceries are also more expensive than elsewhere in the country, with prices about 5% higher than the national average. Other necessities like transportation and utilities are about on par with the rest of the United States. All in all, living in Woodbury can be an expensive endeavor, but its desirable qualities make it well worth it for many people.