Housing costs in Avenel?
A typical home costs
$401,700, which is 18.8% more expensive than the national average of
$338,100 and 7.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Avenel costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 9.0% more than the state average of
$1,710.
Can I afford Avenel?
To live comfortably in Avenel, New Jersey, a minimum annual income of
$77,040 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about Avenel?
The cost of living in Avenel, NJ is considerably higher than the national average. Prices for housing, food, transportation, and other products and services are all significantly more expensive. The median home price in Avenel is $US 383,000 which is considerably higher than the U.S. national median home price of $US 216,200. Groceries and other household items tend to be 10-15% more expensive than the US average as well. Additionally, the taxes imposed on residents of Avenel can be quite high making it even more difficult to afford living in this area. Despite the high cost of living in Avenel compared to other parts of the country, many people still find it worthwhile due to its close proximity to New York City and other nearby metropolitan areas.