Housing costs in Scotch Plains?
A typical home costs
$615,100, which is 81.9% more expensive than the national average of
$338,100 and 42.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Scotch Plains costs
$1,940 per month, which is 35.7% more than the national average of
$1,430 and 11.9% more than the state average of
$1,710.
Can I afford Scotch Plains?
To live comfortably in Scotch Plains (zip 07076), New Jersey, a minimum annual income of
$117,720 for a family, and
$64,800 for a single person is recommended.
What does A.I. say about Scotch Plains?
Living in 07076 Scotch Plains, NJ is considered to be quite expensive. The median home cost is over $500,000 and the cost of living is 43% higher than the national average. Despite this, people living in and around the area benefit from a relatively low unemployment rate of 3.3%, meaning more job security and better salaries on average. Healthcare costs are also slightly lower than the US average, making it an attractive place to live in for those who can afford it.