Housing costs in Holmdel?
A typical home costs
$868,000, which is 156.7% more expensive than the national average of
$338,100 and 100.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Holmdel costs
$2,390 per month, which is 67.1% more than the national average of
$1,430 and 28.5% more than the state average of
$1,710.
Can I afford Holmdel?
To live comfortably in Holmdel, New Jersey, a minimum annual income of
$166,320 for a family, and
$76,400 for a single person is recommended.
What does A.I. say about Holmdel?
The cost of living in Holmdel, NJ is higher than the national average. The median home value in Holmdel is $537,400, which is much higher than the national median home value of $231,200. The median household income is also higher than the national median of $61,937 at a whopping $153,846. On top of that, residents typically pay more for food and goods due to higher sales taxes. However, with such high salaries and property values available in the area, many people believe that living in Holmdel is worth the extra cost.