Cost of Living in Egg harbor city, NJ
Housing
The housing market plays a significant role in determining the cost of living in Egg harbor city, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $265,000
- Average Rent (2 BR Apartment): $2586 per month
- Average Rent (2 BR House): $2811 per month
Considering moving to Egg harbor city, NJ? The housing index stands at 118.8, indicating a slightly above-average cost of living. With a median home price of 265000, purchasing a home could be a reasonable investment, particularly as property values tend to appreciate over time. Rental rates are typical for many areas, with an average rent of 2586 for a 2-bedroom apartment and 2811 for a house. Whether renting or buying, it’s essential to weigh your long-term housing goals and local market conditions to make the best decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Egg harbor city, 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 Egg harbor city, 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 Egg harbor city is a financially viable option for your relocation.