Housing costs in Washington?
A typical home costs
$346,100, which is 2.4% more expensive than the national average of
$338,100 and 19.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Washington costs
$1,650 per month, which is 3.5% cheaper than the national average of
$1,710 and 14.5% more than the state average of
$1,410.
Can I afford Washington?
To live comfortably in Washington (zip 07882), New Jersey, a minimum annual income of
$66,240 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Washington?
The cost of living in 07882 Washington, NJ is relatively high. According to Best Places, the cost of living index for this area is 106.9 which is higher than the US average of 100. This means that Washington, NJ residents may be paying more for groceries, housing costs, healthcare, and other day to day expenses. Housing in particular can be particularly expensive as the median home value is $264,400 which is significantly higher than the national average. Despite the higher cost of living in Washington, NJ there are still plenty of opportunities to find affordable housing and enjoy all that this great community has to offer.