Housing costs in Franklin township (Hunterdon County)?
A typical home costs
$548,700, which is 62.3% more expensive than the national average of
$338,100 and 27.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Franklin township (Hunterdon County) costs
$1,980 per month, which is 38.5% more than the national average of
$1,430 and 13.6% more than the state average of
$1,710.
Can I afford Franklin township (Hunterdon County)?
To live comfortably in Franklin township (Hunterdon County), New Jersey, a minimum annual income of
$105,120 for a family, and
$62,800 for a single person is recommended.
What does A.I. say about Franklin township (Hunterdon County)?
Franklin Township (Hunterdon County), NJ offers a cost of living that is well above the national average. With a median home value of over $450,000, and an estimated cost of living index of 122.2, the costs associated with living in Franklin Township can be high. However, the cost of basic necessities such as food and transportation are relatively low compared to other areas of the state. Additionally, public utilities are available at very reasonable prices. Overall, the cost of living in Franklin Township is higher than most areas in New Jersey but still provides a great quality of life for its residents.