Housing costs in Money Island?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Money Island costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 22.1% cheaper than the state average of
$1,710.
Can I afford Money Island?
To live comfortably in Money Island, New Jersey, a minimum annual income of
$43,200 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Money Island?
The cost of living in Money Island, NJ is quite high compared to the average cost of living in the US. The median house value in Money Island, NJ is significantly higher than the national average of $338,100. This demonstrates that Money Island is an expensive place to live and demands a higher salary or larger income to afford the same standard of living enjoyed elsewhere. For those considering a move to Money Island, it is important to calculate and plan for their budget accordingly so that they can be well-prepared for their future life there.