Housing costs in Franklin Center?
A typical home costs
$491,500, which is 45.4% more expensive than the national average of
$338,100 and 13.7% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Franklin Center costs
$2,100 per month, which is 46.9% more than the national average of
$1,430 and 18.6% more than the state average of
$1,710.
Can I afford Franklin Center?
To live comfortably in Franklin Center, New Jersey, a minimum annual income of
$94,320 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Franklin Center?
The cost of living in Franklin Center, NJ is relatively high compared to other parts of the state. Housing costs are particularly expensive due to the highly desirable location and proximity to major cities like New York, Philadelphia, and Atlantic City. Groceries, transportation, and healthcare can also be quite pricey compared to the national average. However, overall Franklin Center remains an attractive place to live due to its excellent schools, large job market, and rich cultural offerings.