Zip 08723 (Brick, NJ) Cost of Living


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Brick cost of living score
111.9
More expensive
11.9% higher
than the US average
6.6% lower
than the New Jersey average
Brick (zip 08723), New Jersey gets a BestPlaces Cost of Living score of 111.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% higher than the U.S. average and 6.6% higher than the average for New Jersey.

Zip 08723 (Brick, NJ)

Housing costs in Brick?
A typical home costs $413,000, which is 22.2% more expensive than the national average of $338,100 and 4.4% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Brick costs $1,610 per month, which is 12.6% more than the national average of $1,430 and 6.2% cheaper than the state average of $1,710.

Can I afford Brick?
To live comfortably in Brick (zip 08723), New Jersey, a minimum annual income of $79,200 for a family, and $51,600 for a single person is recommended.

What does A.I. say about Brick?
Living in 08723 Brick, NJ can be quite expensive. The overall cost of living is 11% higher than the national average, making it one of the more expensive places to live in the U.S. The median home cost in 08723 is around $309,000, which is well above the national average of $212,000. Additionally, groceries and health care are about 9% higher than the average across the country. On top of that, transportation costs are about 8% greater than other parts of America. All in all, 08723 Brick can be considered an expensive place to live compared to other parts of New Jersey and even the nation as a whole.
   Cost of living score
     CategoriesBrickNew JerseyUnited States
  111.9119.8100.0
  104105.8100
  97.796.9100.0
  124.2136.4100.0
  $413,000$432,100$338,100
  103.9%109.2%100.0%
  100.0127.7100.0
  101.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime