Housing costs in Rahway?
A typical home costs
$418,700, which is 23.8% more expensive than the national average of
$338,100 and 3.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Rahway costs
$1,650 per month, which is 3.5% cheaper than the national average of
$1,710 and 31.5% cheaper than the state average of
$2,170.
Can I afford Rahway?
To live comfortably in Rahway (zip 07065), New Jersey, a minimum annual income of
$80,280 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Rahway?
The cost of living in Rahway, NJ 07065 is quite high compared to the national average. The median home costs in 2019 were over $328,000 which is significantly higher than the national median of $217,000. Additionally, transportation and utility costs are higher than the national averages as well. This area also has a higher sales tax rate at 6.625%, making it more expensive to purchase goods and services here than other areas around the country. Despite these higher costs, Rahway is a great place to live due to its proximity to New York City and its variety of amenities like parks, restaurants, and shopping centers.