Housing costs in Beachwood?
A typical home costs
$365,800, which is 8.2% more expensive than the national average of
$338,100 and 15.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Beachwood costs
$1,780 per month, which is 4.1% more than the national average of
$1,710 and 21.9% cheaper than the state average of
$2,170.
Can I afford Beachwood?
To live comfortably in Beachwood (zip 08722), New Jersey, a minimum annual income of
$70,200 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Beachwood?
The cost of living in 08722 Beachwood, NJ is quite high compared to other areas. The median home value in this area is $478,300 and the median rent is around $1,947 per month. The overall cost of goods and services is 6.7% higher than the national average. While it can be expensive to live in this area, residents enjoy many amenities such as easy access to restaurants, shopping centers, and entertainment venues. Additionally, this area boasts a strong job market that offers plenty of opportunities for employment. Despite the high costs associated with living here, 08722 Beachwood provides a great quality of life for its residents.