Housing costs in Berlin?
A typical home costs
$319,900, which is 5.4% less expensive than the national average of
$338,100 and 26.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Berlin costs
$1,650 per month, which is 3.5% cheaper than the national average of
$1,710 and 10.9% more than the state average of
$1,470.
Can I afford Berlin?
To live comfortably in Berlin (zip 08009), New Jersey, a minimum annual income of
$61,200 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Berlin?
The cost of living in 08009 Berlin, NJ is generally considered to be very affordable. The overall cost of living index is slightly above the national average; however, housing prices remain below the national median. The median home price for homes in 08009 Berlin, NJ is around $200,000. This represents a significant savings when compared to many other cities and towns within the region. Furthermore, utilities are also relatively low with the average monthly utility bill estimated to be between $100 and $150 depending on usage. Other costs such as groceries, transportation, and dining out all remain fairly low when compared to other parts of the state and country.