Housing costs in Port Morris?
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 Port Morris costs
$1,580 per month, which is 10.5% more than the national average of
$1,430 and 8.2% cheaper than the state average of
$1,710.
Can I afford Port Morris?
To live comfortably in Port Morris, New Jersey, a minimum annual income of
$67,320 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Port Morris?
The cost of living in Port Morris, NJ is relatively low compared to the US average. According to data from the US Bureau of Labor Statistics, the median house value in Port Morris is about $226,200, which is nearly 33% lower than the US average of $338,100. Similarly, the Cost of Living Index for Port Morris is 72.2, nearly 28 points lower than the US average. This means that basic necessities such as food and housing are more affordable in Port Morris compared to many other places in America. With a low cost of living and a house median value below the national average, Port Morris presents an attractive option for those looking for a place to call home at an affordable price.