Cost of Living in Morganville, NJ
Housing
The housing market plays a significant role in determining the cost of living in Morganville, NJ.
- Housing Index: Data is updating
- Median Home Price is: $550,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Morganville, NJ, the current housing market shows a challenging landscape with a housing index of 0.0, indicating potential concerns about affordability. The median home price of 550000 suggests that homeownership may be out of reach for many newcomers. Additionally, the average rent for a 2-bedroom apartment and a house both standing at 0.0 and 0.0 further highlights the scarcity and demand. Researching economic conditions and job prospects in Morganville can also provide insights to navigate these living costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Morganville, 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.): Data is updating
Living in Morganville, 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 data unavailable 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 Morganville is a financially viable option for your relocation.