Housing costs in Neshanic Station?
A typical home costs
$631,300, which is 86.7% more expensive than the national average of
$338,100 and 46.1% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Neshanic Station costs
$1,650 per month, which is 15.4% more than the national average of
$1,430 and 3.6% cheaper than the state average of
$1,710.
Can I afford Neshanic Station?
To live comfortably in Neshanic Station (zip 08853), New Jersey, a minimum annual income of
$120,960 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Neshanic Station?
The cost of living in 08853 Neshanic Station, NJ is generally quite high. According to the Sperling's Best Places Cost of Living Index, which measures the overall cost of living for an area, this zip code has an index score of 129.5. This means that it is 29.5 points above the national average, making it significantly more expensive than other cities and towns across America. Housing costs are especially expensive in Neshanic Station — the median home value for this zip code is $402,500, which is well over double the national median home value. Additionally, monthly expenses such as transportation and groceries are more costly than average here due to higher wages and lack of competition in certain markets. Therefore, while it can be a great place to live with its excellent schools and cultural attractions, one should factor in these higher costs before committing to life in 08853 Neshanic Station, NJ.