Cost of Living in Waretown, NJ
Housing
The housing market plays a significant role in determining the cost of living in Waretown, NJ.
- Housing Index: 110.0 / 100
- Median Home Price is: $420,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1920 per month
When considering a move to Waretown, NJ, the housing index of 110.0 indicates that the market is slightly above average. The median home price sits at 420000, reflecting a competitive environment. If renting is your priority, expect average monthly costs of 1800 for a 2-bedroom apartment and 1920 for a 2-bedroom house. These prices might suggest a vibrant community, yet it's essential to evaluate local amenities and economic conditions for a well-rounded decision. Overall, analyze your budget and lifestyle needs carefully before making a commitment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Waretown, 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 Waretown, 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 Waretown is a financially viable option for your relocation.