Housing costs in Harvey Cedars?
A typical home costs
$1,661,300, which is 391.4% more expensive than the national average of
$338,100 and 284.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Harvey Cedars costs
$1,500 per month, which is 4.9% more than the national average of
$1,430 and 14.0% cheaper than the state average of
$1,710.
Can I afford Harvey Cedars?
To live comfortably in Harvey Cedars, New Jersey, a minimum annual income of
$318,240 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Harvey Cedars?
The cost of living in Harvey Cedars, NJ is quite high compared to the national average. According to BestPlaces, the cost of living index in Harvey Cedars is 163.62, which is significantly higher than the US average index of 100. Housing costs are one of the main contributors to this higher cost of living index, with prices for a 1-bedroom apartment averaging $1,350 per month in Harvey Cedars. Additionally, food and grocery prices are slightly more expensive than other places due to its location on a barrier island. However, its proximity to the beach provides many luxuries such as amazing beach views and fresh seafood that make it worth the relatively high cost of living in Harvey Cedars, NJ.