Housing costs in Colts Neck?
A typical home costs
$961,900, which is 184.5% more expensive than the national average of
$338,100 and 122.6% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Colts Neck costs
$2,330 per month, which is 62.9% more than the national average of
$1,430 and 26.6% more than the state average of
$1,710.
Can I afford Colts Neck?
To live comfortably in Colts Neck, New Jersey, a minimum annual income of
$184,320 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Colts Neck?
Colts Neck, NJ is an affluent area with a high cost of living. According to Sperling's Best Places, the cost of living in Colts Neck is 40.1% higher than the United States average. Housing costs are especially high, with the median home value at $742,400 and monthly rent for a one-bedroom apartment averaging $2,000. Groceries and health care prices are also significantly above average compared to the rest of the nation. Additionally, transportation costs can be costly due to the lack of public transportation options available in Colts Neck. However, this expense often comes along with the abundance of job opportunities in this desirable New Jersey town.