Cost of Living in New egypt, NJ
Housing
The housing market plays a significant role in determining the cost of living in New egypt, NJ.
- Housing Index: 110.0 / 100
- Median Home Price is: $350,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
Considering a move to New egypt, NJ? With a housing index of 110.0, representing a bustling market, investors might find it appealing. The median home price sits at 350000, which is quite competitive versus many other markets. While the average rent for a 2-bedroom apartment is 1800, rentals for 2-bedroom houses are just slightly higher at 1840. Housing trends suggest that amid rising demand, prices may increase further. Conducting thorough research on the local amenities, schools, and neighborhood demographics is essential in making a well-informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in New egypt, 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 New egypt, 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 New egypt is a financially viable option for your relocation.