Housing costs in Watchung?
A typical home costs
$828,400, which is 145.0% more expensive than the national average of
$338,100 and 91.7% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Watchung costs
$2,570 per month, which is 79.7% more than the national average of
$1,430 and 33.5% more than the state average of
$1,710.
Can I afford Watchung?
To live comfortably in Watchung, New Jersey, a minimum annual income of
$158,760 for a family, and
$81,200 for a single person is recommended.
What does A.I. say about Watchung?
Living in Watchung, NJ is fairly affordable compared to other places in the state. According to BestPlaces, the cost of living index for Watchung is about 50 points lower than the New Jersey and US average. The average rent for a one-bedroom apartment in this suburban town is around $1,100 per month while utilities hover around $200 per month. Groceries are also relatively inexpensive as prices are about 10% lower than the national average. Additionally, transportation costs are quite low with monthly passes for local bus systems ranging from $45-$65. All these factors make Watchung an attractive place for individuals looking to live in New Jersey without breaking the bank.