Cost of Living in Weehawken, NJ
Housing
The housing market plays a significant role in determining the cost of living in Weehawken, NJ.
- Housing Index: 135.0 / 100
- Median Home Price is: $607,500
- Average Rent (2 BR Apartment): $3200 per month
- Average Rent (2 BR House): $2560 per month
When considering a move to Weehawken, NJ, the housing market presents a varied landscape. With a housing index of 135.0, homeownership may seem competitive, particularly with a median home price of 607500. The relatively high costs of renting reflect the demand; average rents stand at 3200 for a two-bedroom apartment and 2560 for a two-bedroom house. Therefore, potential movers should weigh the trade-offs between renting and buying, keeping in mind market trends, local amenities, and overall affordability in relation to their budget.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Weehawken, 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.): $280 per month
Living in Weehawken, 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 $280 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 Weehawken is a financially viable option for your relocation.