Housing costs in Long Beach?
A typical home costs
$1,583,600, which is 368.4% more expensive than the national average of
$338,100 and 266.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Long Beach 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 Long Beach?
To live comfortably in Long Beach, New Jersey, a minimum annual income of
$303,480 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Long Beach?
Long Beach, NJ is known for its high cost of living. The average rental rates for a two-bedroom apartment are among the highest in the state, averaging around $2,100 per month. Home prices in Long Beach are also among the most expensive in New Jersey, with an average home price of over $600,000. Transportation costs such as gas and public transit tickets may be slightly higher than other cities due to Long Beach's location on the Jersey Shore. In addition to these expensive costs associated with living in Long Beach, groceries and dining out can also be costly due to the city's high-end restaurants.