Housing costs in Shrewsbury township?
A typical home costs
$754,000, which is 123.0% more expensive than the national average of
$338,100 and 74.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Shrewsbury township costs
$1,430 per month, which is 0.0% cheaper than the national average of
$1,430 and 19.6% cheaper than the state average of
$1,710.
Can I afford Shrewsbury township?
To live comfortably in Shrewsbury township, New Jersey, a minimum annual income of
$144,360 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Shrewsbury township?
The cost of living in Shrewsbury, NJ is relatively high compared to other parts of New Jersey. Housing costs are especially high due to the town's prime location on the Jersey Shore, with average home prices ranging from $400,000 to over $1 million. Prices for goods and services are also generally more expensive than in other towns in the area. Utilities and transportation can be costly, with higher-than-average parking fees and gas prices compared to other towns. Despite the higher cost of living, Shrewsbury offers a great quality of life for its residents as well as plenty of recreational activities and stunning scenic views.