Housing costs in Basking Ridge?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Basking Ridge costs
$2,630 per month, which is 83.9% more than the national average of
$1,430 and 35.0% more than the state average of
$1,710.
Can I afford Basking Ridge?
To live comfortably in Basking Ridge, New Jersey, a minimum annual income of
$162,000 for a family, and
$83,200 for a single person is recommended.
What does A.I. say about Basking Ridge?
Basking Ridge, NJ is an affluent suburb of New York City located in Somerset County. The median house value in Basking Ridge is significantly higher than the US average, sitting at $850,900. Despite the elevated cost of living in the area, it is still considered a desirable location due to its close proximity to New York City and access to top-rated schools. The US average cost of living is 100, but Basking Ridge’s cost of living is much higher due to the amenities available and high quality of life enjoyed by residents. Additionally, Basking Ridge offers an array of recreational activities and outdoor areas for residents to enjoy.