Housing costs in Avalon?
A typical home costs
$2,294,900, which is 578.8% more expensive than the national average of
$338,100 and 431.1% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Avalon costs
$1,750 per month, which is 2.3% more than the national average of
$1,710 and 11.4% more than the state average of
$1,550.
Can I afford Avalon?
To live comfortably in Avalon (zip 08202), New Jersey, a minimum annual income of
$439,560 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about Avalon?
Living in 08202 Avalon, NJ comes at a cost. On average, the housing prices are higher than the national median, with a median home value of $741,000 and a median rent of $1,927. Renting studio apartments in this area can be upwards of $2,000 per month or more. Additionally, transportation costs can be high due to the lack of public transportation and need for car ownership. With grocery stores and other necessities nearby, residents can expect to pay slightly more than the national average for their everyday needs. All in all, Avalon is an expensive city to live in but offers plenty of amenities to make up for it.