Cost of Living in Brick, NJ
Housing
The housing market plays a significant role in determining the cost of living in Brick, NJ.
- Housing Index: 115.0 / 100
- Median Home Price is: $400,000
- Average Rent (2 BR Apartment): $2200 per month
- Average Rent (2 BR House): $2260 per month
Analyzing the data for Brick, NJ, we see a housing index of 115.0, indicating that homes may be pricier compared to the national average. With a median home price of 400000 and average rents for a 2-bedroom apartment at 2200 and a house at 2260, prospective residents should consider the financial implications. Apartment rentals are slightly more affordable compared to houses, which can guide budget-conscious families. It's essential to also explore the cost of living for practical insights, especially when planning a long-term move to Brick.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Brick, NJ.
- Electricity Price: $19.88 USD (median by state)
- Natural Gas Price: $14.01 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Brick, NJ could entail higher utility costs. Electricity costs sit at $19.88, while natural gas is priced at $14.01 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Brick is a financially viable option for your relocation.