Housing costs in Glen Ridge?
A typical home costs
$831,300, which is 145.9% more expensive than the national average of
$338,100 and 92.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Glen Ridge costs
$1,990 per month, which is 39.2% more than the national average of
$1,430 and 14.1% more than the state average of
$1,710.
Can I afford Glen Ridge?
To live comfortably in Glen Ridge, New Jersey, a minimum annual income of
$159,120 for a family, and
$66,000 for a single person is recommended.
What does A.I. say about Glen Ridge?
The cost of living in Glen Ridge, NJ is relatively high compared to the rest of the country. The median home price in Glen Ridge is around $577,500 which is significantly higher than the national median of around $229,000. Additionally, the average cost of goods and services in Glen Ridge are about 12% higher than the national average. Despite this, wages tend to be higher in Glen Ridge which helps offset some of these higher costs. Overall, Glen Ridge remains an attractive place to live thanks to its strong economy and high-quality public schools.