Cost of Living in Hightstown, NJ

Housing

The housing market plays a significant role in determining the cost of living in Hightstown, NJ.

  • Housing Index: 120.0 / 100
  • Median Home Price is: $391,000
  • Average Rent (2 BR Apartment): $2300 per month
  • Average Rent (2 BR House): $2400 per month

Considering a move to Hightstown, NJ? With a housing index of 120.0, it indicates a higher cost compared to the national average. The median home price sits at 391000, making ownership a significant investment. Rent prices can be considerable as well, with the average for a 2-bedroom apartment at 2300 and a house at 2400. Keep in mind, rental prices can often reflect demand and trends in the area. Be sure to consider job opportunities and lifestyle to determine if the costs align with your budget and future plans.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hightstown, 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 Hightstown, 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 Hightstown is a financially viable option for your relocation.