Housing costs in Silver Ridge?
A typical home costs
$216,200, which is 36.1% less expensive than the national average of
$338,100 and 50.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Silver Ridge costs
$1,560 per month, which is 9.1% more than the national average of
$1,430 and 9.6% cheaper than the state average of
$1,710.
Can I afford Silver Ridge?
To live comfortably in Silver Ridge, New Jersey, a minimum annual income of
$41,400 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Silver Ridge?
The cost of living in Silver Ridge, NJ is quite reasonable. Housing prices are moderate, with the median home price being $330,000. The cost of living here is slightly above the national average due to higher taxes and utilities. Groceries and dining out can be somewhat expensive due to the larger population and influx of tourists during certain times of year. In addition, transportation costs can be high as public transit is limited in this area. However, overall, life in Silver Ridge remains affordable for families and singles alike looking to settle down in a comfortable suburb.