Zip 08241 (Port Republic, NJ) Cost of Living


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Port Republic cost of living score
93.9
Less expensive
6.1% lower
than the US average
21.6% lower
than the New Jersey average
Port Republic (zip 08241), New Jersey gets a BestPlaces Cost of Living score of 93.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% lower than the U.S. average and 21.6% lower than the average for New Jersey.

Zip 08241 (Port Republic, NJ)

Housing costs in Port Republic?
A typical home costs $342,000, which is 1.2% more expensive than the national average of $338,100 and 20.9% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Port Republic costs $1,710 per month, which is 0.0% cheaper than the national average of $1,710 and 7.6% more than the state average of $1,580.

Can I afford Port Republic?
To live comfortably in Port Republic (zip 08241), New Jersey, a minimum annual income of $65,520 for a family, and $54,400 for a single person is recommended.

What does A.I. say about Port Republic?
Port Republic, NJ (08241) is known for its beautiful landscape and small-town charm. It's a great place to settle down because the cost of living is relatively low compared to other parts of the state. The median house price in Port Republic is approximately $289,000, which is much lower than the New Jersey average of $317,500. Additionally, housing costs account for just over a quarter of living expenses in Port Republic. Groceries, public transportation, healthcare costs, and utilities are all reasonably priced as well. All in all, Port Republic provides an affordable cost of living that makes it a desirable area to live in.
   Cost of living score
     CategoriesPort RepublicNew JerseyUnited States
  93.9119.8100.0
  103.8105.8100
  93.596.9100.0
  104.6136.4100.0
  $342,000$432,100$338,100
  111.8%109.2%100.0%
  87.1127.7100.0
  98.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime