Cost of Living in Barnegat, NJ
Housing
The housing market plays a significant role in determining the cost of living in Barnegat, NJ.
- Housing Index: 110.5 / 100
- Median Home Price is: $338,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1845 per month
Considering a move to Barnegat, NJ? The housing index is currently at 110.5, which is above the national average, suggesting a competitive market. The median home price stands at 338000, a considerable investment that reflects growth potential but may challenge first-time buyers. Renting is also pricy, with average rents for a 2-bedroom apartment at 1800 and a 2-bedroom house at 1845. Prospective residents should weigh these costs against local job opportunities and quality of life to make an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Barnegat, 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 Barnegat, 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 Barnegat is a financially viable option for your relocation.