Cost of Living in Township of washington, NJ
Housing
The housing market plays a significant role in determining the cost of living in Township of washington, NJ.
- Housing Index: Data is updating
- Median Home Price is: $431000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering the data for Township of washington, NJ, the housing index appears to be quite low, indicating a potentially stagnant market. The median home price is significant at 431000, suggesting a considerably strong investment compared to rental prices, which are not provided this time. However, low average rents for 2-bedroom apartments and houses, currently at 0.0 and 0.0, imply that the rental market may not be enticing for investors seeking high returns. Those looking to buy should examine potential growth in this market further, especially if planning long-term residence or investment.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Township of washington, 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 Township of washington, 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 Township of washington is a financially viable option for your relocation.