Housing costs in East Franklin?
A typical home costs
$332,900, which is 1.5% less expensive than the national average of
$338,100 and 23.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in East Franklin costs
$2,100 per month, which is 46.9% more than the national average of
$1,430 and 18.6% more than the state average of
$1,710.
Can I afford East Franklin?
To live comfortably in East Franklin, New Jersey, a minimum annual income of
$63,720 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about East Franklin?
East Franklin, NJ is a relatively affordable place to live. The cost of living index is lower than the national average, with housing costs being especially low. On average, a two-bedroom apartment in East Franklin costs approximately $1,150 per month, which is significantly cheaper than many surrounding areas. Additionally, groceries and other basic necessities are very reasonable in East Franklin. There are also plenty of parks and recreation centers to explore at no cost or for a nominal fee. All in all, East Franklin has much to offer its residents without having to break the bank.