Bound Brook, NJ Cost of Living


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Bound Brook cost of living score
131.6
More expensive
31.6% higher
than the US average
9.8% higher
than the New Jersey average
Bound Brook, New Jersey gets a BestPlaces Cost of Living score of 131.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.6% higher than the U.S. average and 9.8% lower than the average for New Jersey.

Bound Brook, NJ

Housing costs in Bound Brook?
A typical home costs $386,400, which is 14.3% more expensive than the national average of $338,100 and 10.6% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Bound Brook costs $1,820 per month, which is 27.3% more than the national average of $1,430 and 6.0% more than the state average of $1,710.

Can I afford Bound Brook?
To live comfortably in Bound Brook, New Jersey, a minimum annual income of $74,160 for a family, and $57,600 for a single person is recommended.

What does A.I. say about Bound Brook?
The cost of living in Bound Brook, NJ is quite affordable. The median home cost is around $335,000 and the median income for residents is roughly $67,000. Property taxes are slightly higher than the national average but still reasonably low compared to other cities. There are plenty of local amenities to take advantage of as well including restaurants, bars, and grocery stores that offer competitive prices. Overall, Bound Brook offers a great quality of life for a very reasonable price.
   Cost of living score
     CategoriesBound BrookNew JerseyUnited States
  131.6119.8100.0
  104.2105.8100
  97.596.9100.0
  116.0136.4100.0
  $386,400$432,100$338,100
  116.0%109.2%100.0%
  130.6127.7100.0
  142.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Bound Brook
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Bound Brook is pleasant place to live. It is a small community that is predominately residential in character. Although it has excellent shopping within and adjacent to  More

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