Cost of Living in Hackettstown, NJ
Housing
The housing market plays a significant role in determining the cost of living in Hackettstown, NJ.
- Housing Index: 110.0 / 100
- Median Home Price is: $390,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1920 per month
Considering a move to Hackettstown, NJ? The housing index of 110.0 indicates a slightly above-average market, reflecting a balanced demand. With a median home price of 390000, buying a home may be an investment in a steadily appreciating market. Renting options present an average of 1800 for a 2-bedroom apartment and 1920 for a 2-bedroom house, which is competitive within the market. Do consider local amenities, job opportunities, and community lifestyle when making your decision to ensure your new home meets all your expectations.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hackettstown, 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 Hackettstown, 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 Hackettstown is a financially viable option for your relocation.