Housing costs in Williamstown?
A typical home costs
$302,400, which is 10.6% less expensive than the national average of
$338,100 and 30.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Williamstown costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 17.1% cheaper than the state average of
$1,710.
Can I afford Williamstown?
To live comfortably in Williamstown (zip 08094), New Jersey, a minimum annual income of
$57,960 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Williamstown?
The cost of living in 08094 Williamstown, NJ is relatively high. According to BestPlaces, the cost of living index for this area is 111.1, which is 11% higher than the national average. This means that basic expenses like groceries, transportation, and housing will be more expensive than other areas. Additionally, Williamstown has a median household income of $85,817 which is significantly higher than the state average of $79,363. This indicates that those who live in Williamstown are able to afford the higher cost of living due to their higher incomes.