Housing costs in Connecticut Farms?
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 Connecticut Farms costs
$1,950 per month, which is 36.4% more than the national average of
$1,430 and 12.3% more than the state average of
$1,710.
Can I afford Connecticut Farms?
To live comfortably in Connecticut Farms, New Jersey, a minimum annual income of
$71,640 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Connecticut Farms?
The cost of living in Connecticut Farms, NJ is significantly higher than the national average. According to data from the US Census Bureau, the median house value in Connecticut Farms is $514,200, which is more than 50% higher than the US average house value of $338,100. This discrepancy in housing prices naturally inflates the overall cost of living for residents of Connecticut Farms compared to the national average. Additionally, factors such as food costs and transportation costs can also contribute to a higher cost of living.