Housing costs in Edison?
A typical home costs
$417,800, which is 23.6% more expensive than the national average of
$338,100 and 3.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Edison costs
$1,960 per month, which is 37.1% more than the national average of
$1,430 and 12.8% more than the state average of
$1,710.
Can I afford Edison?
To live comfortably in Edison (zip 08817), New Jersey, a minimum annual income of
$79,920 for a family, and
$62,000 for a single person is recommended.
What does A.I. say about Edison?
The cost of living in 08817 Edison, NJ is high compared to the national average. The median cost of rent for a one-bedroom apartment is $1,425 per month, while the median house price is around $404,900. Groceries and other everyday items can be expensive as well, with prices for some items exceeding those found in other parts of the country. Taxes are also higher than average in Edison, with state taxes at 8.97% and sales tax at 6.625%. In general, it costs more to live in 08817 Edison, NJ than most other places in the U.S., making it an expensive place to call home.