Housing costs in Union City?
A typical home costs
$454,600, which is 34.5% more expensive than the national average of
$338,100 and 5.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Union City costs
$1,940 per month, which is 35.7% more than the national average of
$1,430 and 11.9% more than the state average of
$1,710.
Can I afford Union City?
To live comfortably in Union City, New Jersey, a minimum annual income of
$87,120 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Union City?
Union City, New Jersey has a cost of living index rating much higher than that if the nation at 120 due mostly to its extraordinarily high housing costs making up 45%, transportation at 13%, groceries (13%), utilities (7%) and healthcare making up 10%. Although utility costs remain relatively high due largely to expensive power sources such as coal or nuclear energy most other categories are either on par or even above average providing citizens with an overall considerable cost of living compared with almost everywhere else in America whilst having access similar amenities found citywide from whatever municipality they call home.