Cost of Living in South plainfield, NJ
Housing
The housing market plays a significant role in determining the cost of living in South plainfield, NJ.
- Housing Index: 120.0 / 100
- Median Home Price is: $360,000
- Average Rent (2 BR Apartment): $2200 per month
- Average Rent (2 BR House): $2256 per month
When considering a move to South plainfield, NJ, it's important to note that the housing index stands at 120.0, indicating that it is above the national average. With a median home price of 360000, purchasing a home is a significant investment, especially compared to the average rent of 2200 for a 2-bedroom apartment or 2256 for a 2-bedroom house. This reveals that while rental prices are relatively high, buying a home may be a more financially sound long-term option. Factor in local amenities and job markets to make an informed choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in South plainfield, 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 South plainfield, 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 South plainfield is a financially viable option for your relocation.