Housing costs in Middlesex?
A typical home costs
$401,000, which is 18.6% more expensive than the national average of
$338,100 and 7.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Middlesex costs
$1,840 per month, which is 7.6% more than the national average of
$1,710 and 17.9% cheaper than the state average of
$2,170.
Can I afford Middlesex?
To live comfortably in Middlesex (zip 08846), New Jersey, a minimum annual income of
$76,680 for a family, and
$58,000 for a single person is recommended.
What does A.I. say about Middlesex?
The cost of living in 08846 Middlesex, NJ is quite high compared to other areas in the United States. According to BestPlaces, the cost of living index in Middlesex is rated at 108.0, which is 8% higher than the national average. The median home value in Middlesex is $391,000, which is about 3 times higher than the national median home value of $144,200. Other expenses such as groceries and transportation are also higher due to the cost of living being more expensive here. Despite this, many people still choose to live in Middlesex due to its convenient location and excellent schools.