Cost of Living in Cedar grove, NJ
Housing
The housing market plays a significant role in determining the cost of living in Cedar grove, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $522,500
- Average Rent (2 BR Apartment): $2586 per month
- Average Rent (2 BR House): $2811 per month
When considering a move to Cedar grove, NJ, it's crucial to analyze the housing landscape. The median home price is relatively high at 522500, indicating a potential long-term investment. However, with no available data on rental costs—2586 and 2811 being reported as zero—it could signal a market affected by availability or data reporting issues. This indicates a need for further exploration, especially regarding the quality of life and community aspects in Cedar grove. Take into account local amenities, schools, and employment opportunities to make an informed decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cedar grove, 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.): $261 per month
Living in Cedar grove, 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 $261 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 Cedar grove is a financially viable option for your relocation.