Cost of Living in Sewell, NJ
Housing
The housing market plays a significant role in determining the cost of living in Sewell, NJ.
- Housing Index: 120.5 / 100
- Median Home Price is: $325000
- Average Rent (2 BR Apartment): $2100 per month
- Average Rent (2 BR House): $2150 per month
When considering a move to Sewell, NJ, the housing landscape reveals a relatively high housing index of 120.5 compared to the national average, indicating slightly higher living costs. The median home price of 325000 presents a substantial investment opportunity, especially for buyers seeking ownership in a desirable area. On the rental front, average rents for a 2-bedroom apartment and house stand at 2100 and 2150, respectively, reflecting demand in the market. It's crucial to weigh these factors against your budget and lifestyle preferences before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sewell, 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 Sewell, 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 Sewell is a financially viable option for your relocation.