Housing costs in Berlin?
A typical home costs
$308,700, which is 8.7% less expensive than the national average of
$338,100 and 28.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Berlin costs
$1,670 per month, which is 16.8% more than the national average of
$1,430 and 2.4% cheaper than the state average of
$1,710.
Can I afford Berlin?
To live comfortably in Berlin, New Jersey, a minimum annual income of
$59,040 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Berlin?
The cost of living in Berlin borough, NJ is quite reasonable. According to the city's website, the average rent for a one-bedroom apartment in this area is $900 per month. The median household income is around $62,000, and the median home value is around $200,000. The overall cost of living in this area is considered below average compared to other areas in New Jersey. Groceries and utilities are also relatively affordable here when compared to other cities. In addition, due to its convenient location near highways and public transportation, commuting from Berlin borough to nearby areas can often be done easily without breaking the bank.