Cost of Living in Flemington, NJ
Housing
The housing market plays a significant role in determining the cost of living in Flemington, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $390,000
- Average Rent (2 BR Apartment): $2751 per month
- Average Rent (2 BR House): $2990 per month
Considering a move to Flemington, NJ? The housing index stands at 118.8, indicating a market slightly above the national average. The median home price is relatively modest at 390000, making homeownership attainable for many. However, be prepared for higher monthly living costs, with the average rent for a 2-bedroom apartment at 2751 and a house at 2990. This suggests that while buying may be a good investment, renting remains substantial. Explore local amenities, schools, and quality of life factors that might influence your decision further.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Flemington, 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 Flemington, 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 Flemington is a financially viable option for your relocation.