Housing costs in Kingwood?
A typical home costs
$548,500, which is 62.2% more expensive than the national average of
$338,100 and 26.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Kingwood costs
$1,750 per month, which is 22.4% more than the national average of
$1,430 and 2.3% more than the state average of
$1,710.
Can I afford Kingwood?
To live comfortably in Kingwood, New Jersey, a minimum annual income of
$105,120 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Kingwood?
The cost of living in Kingwood, NJ is relatively low compared to other parts of the state. The median housing price in Kingwood is $303,000, which is much lower than the statewide median of $380,000. The overall cost of living index for Kingwood is 92.5, making it 8% cheaper than the US average. Groceries and transportation costs are a bit higher than average, but utilities and health care costs are slightly lower than the national average. All in all, the cost of living in Kingwood is very reasonable for families looking to settle down and raise a family in this small town community.