Cost of Living in Woodbine, NJ
Housing
The housing market plays a significant role in determining the cost of living in Woodbine, NJ.
- Housing Index: 110.0 / 100
- Median Home Price is: $196,500
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1640 per month
Considering a move to Woodbine, NJ? The housing index currently stands at 110.0, indicating that the cost of living is slightly higher than the national average. With a median home price of 196500, purchasing a home here may require a decent investment. Alternatively, renting options are available, with an average rent of 1600 for a 2-bedroom apartment and 1640 for a house. It's essential to weigh these figures against your budget and lifestyle preferences, as sunny competitive markets often offer unique cultural experiences alongside potential costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Woodbine, 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 Woodbine, 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 Woodbine is a financially viable option for your relocation.