Cost of Living in Maplewood, NJ
Housing
The housing market plays a significant role in determining the cost of living in Maplewood, NJ.
- Housing Index: 125.0 / 100
- Median Home Price is: $589000
- Average Rent (2 BR Apartment): $2400 per month
- Average Rent (2 BR House): $2450 per month
Moving to Maplewood, NJ involves important considerations regarding housing costs. With a housing index of 125.0, prices are higher than the national average, indicated by a median home price of 589000. The average rent for a 2-bedroom apartment is approximately 2400, with houses offering slightly higher rent at 2450. These costs suggest that while living in Maplewood may provide value in amenities and lifestyle, it is crucial to evaluate your budget carefully. Additionally, researching local job opportunities and schools could further guide your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Maplewood, 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 Maplewood, 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 Maplewood is a financially viable option for your relocation.