Housing costs in Island Heights?
A typical home costs
$547,500, which is 61.9% more expensive than the national average of
$338,100 and 26.7% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Island Heights costs
$1,730 per month, which is 1.2% more than the national average of
$1,710 and 25.4% cheaper than the state average of
$2,170.
Can I afford Island Heights?
To live comfortably in Island Heights (zip 08732), New Jersey, a minimum annual income of
$104,760 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Island Heights?
The cost of living in 08732 Island Heights, NJ is quite expensive. According to Best Places, the cost of living index is 170.5, which is significantly higher than the national average of 100. Housing costs are especially high, with a median home value of $386,300 and a median rent price of $1,814. Groceries and utilities are also slightly more expensive than the national average. Despite being an affluent community, there are still some lower-cost options for residents looking to save money on their monthly costs.