Housing costs in Hamilton township (Atlantic County)?
A typical home costs
$307,000, which is 9.2% less expensive than the national average of
$338,100 and 29.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hamilton township (Atlantic County) costs
$1,870 per month, which is 30.8% more than the national average of
$1,430 and 8.6% more than the state average of
$1,710.
Can I afford Hamilton township (Atlantic County)?
To live comfortably in Hamilton township (Atlantic County), New Jersey, a minimum annual income of
$58,680 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Hamilton township (Atlantic County)?
The cost of living in Hamilton Township (Atlantic County), NJ is relatively low compared to other nearby cities and towns. The median household income for the area is around $75,000 per year, and the median home price is $210,000. Utilities are also fairly inexpensive in this area. The average electric bill will run about $112 per month and the average gas bill averages out to only $85 per month. Additionally, groceries are easily affordable as well. All in all, Hamilton Township is a great place to live if you're looking for a budget-friendly city with plenty of amenities nearby.