Housing costs in Holmdel?
A typical home costs
$885,900, which is 162.0% more expensive than the national average of
$338,100 and 105.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Holmdel costs
$2,420 per month, which is 69.2% more than the national average of
$1,430 and 29.3% more than the state average of
$1,710.
Can I afford Holmdel?
To live comfortably in Holmdel (zip 07733), New Jersey, a minimum annual income of
$169,920 for a family, and
$77,200 for a single person is recommended.
What does A.I. say about Holmdel?
The cost of living in 07733 Holmdel, NJ is relatively high compared to the national average. The median home value for the area is $607,000, which is over 2.2 times higher than the US median home value of $274,600. According to Zillow's Cost of Living Index, Holmdel has a score of 160.9 while the US average score is 100, making it 58.9% higher than the national average. Furthermore, housing prices in Holmdel are very high compared to surrounding areas and rental rates are also much higher than nearby towns as well. Despite its high cost of living, Holmdel offers many amenities that make it an attractive place to live such as its close proximity to New York City and its excellent schools and universities.