Housing costs in Belvidere?
A typical home costs
$330,500, which is 2.2% less expensive than the national average of
$338,100 and 23.5% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Belvidere costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and 39.0% cheaper than the state average of
$1,710.
Can I afford Belvidere?
To live comfortably in Belvidere, New Jersey, a minimum annual income of
$63,360 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Belvidere?
Belvidere, NJ has an affordable cost of living compared to other towns and cities in the US. According to the most recent Cost of Living Index, Belvidere is 12% lower than the national average. Housing costs are a major factor influencing this figure as they are about 16% lower than the US average. For those looking for an affordable place to live, Belvidere is an attractive option with its lower housing costs. Additionally, it has below-average grocery and transportation expenses, making it even more affordable. Overall, Belvidere is a great value for those seeking a low-cost town without sacrificing amenities or quality of life.