Housing costs in Watchung?
A typical home costs
$834,000, which is 146.7% more expensive than the national average of
$338,100 and 93.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Watchung costs
$2,630 per month, which is 53.8% more than the national average of
$1,710 and 17.5% more than the state average of
$2,170.
Can I afford Watchung?
To live comfortably in Watchung (zip 07069), New Jersey, a minimum annual income of
$159,840 for a family, and
$83,200 for a single person is recommended.
What does A.I. say about Watchung?
The cost of living in Watchung, NJ 07069 is quite high when compared to other areas. The median home value is over $820,000 and the median rent is around $2,200 per month. This means that even people with jobs that pay a good salary may find it difficult to live in Watchung without significantly straining their budget. Additionally, the sales tax rate in the city is 7%, which adds further to the overall cost of living expenses.