Housing costs in Port Monmouth?
A typical home costs
$490,000, which is 44.9% more expensive than the national average of
$338,100 and 13.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Port Monmouth costs
$2,100 per month, which is 46.9% more than the national average of
$1,430 and 18.6% more than the state average of
$1,710.
Can I afford Port Monmouth?
To live comfortably in Port Monmouth (zip 07758), New Jersey, a minimum annual income of
$93,960 for a family, and
$66,800 for a single person is recommended.
What does A.I. say about Port Monmouth?
The cost of living in 07758 Port Monmouth, NJ is relatively high compared to the national average. The median home price in the area is $300,000 and the median household income is approximately $76,400. Rent prices tend to be on the higher end as well, with a one-bedroom apartment averaging around $1,500 per month. Grocery costs are also slightly higher than average. Additionally, taxes are quite high in this area and can range from 6 - 8%. Overall, while 07758 Port Monmouth offers its residents plenty of amenities and convenience, it also comes with a high cost of living that may not be ideal for those with limited budgets.