Housing costs in Monroe township (Middlesex County)?
A typical home costs
$495,500, which is 46.6% more expensive than the national average of
$338,100 and 14.7% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Monroe township (Middlesex County) costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and 4.3% cheaper than the state average of
$1,710.
Can I afford Monroe township (Middlesex County)?
To live comfortably in Monroe township (Middlesex County), New Jersey, a minimum annual income of
$95,040 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about Monroe township (Middlesex County)?
Monroe Township (Middlesex County), NJ is an affordable place to live, with a cost of living roughly 8 percent lower than the national average. Housing expenses are relatively low, with the median home value in town at $295,500. Renters will find great deals too, as the median rent for a two-bedroom apartment is only $1,113 per month. Utilities such as electricity and water are some of the lowest in the state of New Jersey. Transportation costs are also fairly economical, with gasoline prices just slightly above the national average. All in all, Monroe Township offers residents a cost of living that makes it an attractive option for many.