Housing costs in Bound Brook?
A typical home costs
$394,900, which is 16.8% more expensive than the national average of
$338,100 and 8.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Bound Brook costs
$1,800 per month, which is 5.3% more than the national average of
$1,710 and 20.6% cheaper than the state average of
$2,170.
Can I afford Bound Brook?
To live comfortably in Bound Brook (zip 08805), New Jersey, a minimum annual income of
$75,600 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Bound Brook?
Living in 08805 Bound Brook, NJ is not particularly expensive. The overall cost of living index is about 5% lower than the U.S. average, making it a great place to live for those who want more affordable options without sacrificing the quality of life. Housing prices are moderate, with a median home list price of around $269,000 and median rent of $1,755 per month. Groceries and health care costs are only slightly higher than the national average, while utilities are significantly lower. This makes it a great option for those looking for a good balance between affordability and convenience.