Cost of Living in Minotola, NJ
Housing
The housing market plays a significant role in determining the cost of living in Minotola, NJ.
- Housing Index: Data is updating
- Median Home Price is: $225,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the data provided, Minotola, NJ presents low housing activity but a median home price of 225000 indicates a potentially affordable market for those looking to buy. However, with no current average rents for a 2-bedroom apartment or house, it suggests an unusual situation—either a lack of rental properties or a significant shift in the market. If you're moving to this area, be sure to research local amenities, job opportunities, and community aspects, which can greatly influence your decision despite the compiled housing data.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Minotola, 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.): Data is updating
Living in Minotola, 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 data unavailable 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 Minotola is a financially viable option for your relocation.