Housing costs in Bernards?
A typical home costs
$830,600, which is 145.7% more expensive than the national average of
$338,100 and 92.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Bernards costs
$2,630 per month, which is 83.9% more than the national average of
$1,430 and 35.0% more than the state average of
$1,710.
Can I afford Bernards?
To live comfortably in Bernards, New Jersey, a minimum annual income of
$159,120 for a family, and
$83,200 for a single person is recommended.
What does A.I. say about Bernards?
The cost of living in Bernards, NJ is relatively high. According to BestPlaces's Cost of Living Index, the overall cost of living in Bernards is 40.4% higher than the national average. Housing is one of the biggest expenses, as basic utilities can cost up to $164 per month, and the median home value is over $600,000. Other costs like groceries, transportation, healthcare and entertainment are all slightly above average as well. Despite these prices, residents of Bernards have access to a strong job market which allows them to afford the higher costs associated with living in this area.