Cost of Living in Colonia, NJ
Housing
The housing market plays a significant role in determining the cost of living in Colonia, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $2586 per month
- Average Rent (2 BR House): $2811 per month
Considering a move to Colonia, NJ? The housing index stands at 118.8, indicating higher than average costs. While the median home price is currently at 0, the average rent for a 2-bedroom apartment is quite steep at 2586 and for a 2-bedroom house at 2811. This suggests a competitive rental market with significant costs to consider. Be mindful of fluctuating economic factors and amenities in the area, which can impact both rental rates and housing prices in the future.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Colonia, 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 Colonia, 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 Colonia is a financially viable option for your relocation.