Housing costs in Matawan?
A typical home costs
$522,600, which is 54.6% more expensive than the national average of
$338,100 and 20.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Matawan costs
$1,810 per month, which is 26.6% more than the national average of
$1,430 and 5.5% more than the state average of
$1,710.
Can I afford Matawan?
To live comfortably in Matawan (zip 07747), New Jersey, a minimum annual income of
$100,080 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Matawan?
The cost of living in 07747 Matawan, NJ is quite reasonable. The median home value is $349,800, which is slightly higher than the national average. The estimated median household income is around $88,868. A person earning the median income can still easily afford to live comfortably in the area. Groceries and healthcare costs are both slightly above average for the state of New Jersey. However, transportation costs are lower than the national averages, due to car ownership being much more common in this area of New Jersey. Property taxes are also comparatively low for the area. All these factors combine to make Matawan an attractive location for those looking for a reasonably priced place to live with a high quality of life.