Housing costs in Birmingham?
A typical home costs
$373,200, which is 10.4% more expensive than the national average of
$338,100 and 13.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Birmingham costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Birmingham?
To live comfortably in Birmingham (zip 08011), New Jersey, a minimum annual income of
$71,640 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Birmingham?
The cost of living in 08011 Birmingham, NJ is generally average. The median home value for the area is around $270,000 and the median household income is approximately $97,000. The overall cost of living index for the city is estimated to be 105.5, slightly higher than the national average of 100. Groceries, healthcare, and utilities are all moderately priced in the area as well. Although it’s not necessarily a cheap place to live, 08011 Birmingham does offer a decent balance between affordability and quality of life.