Cost of Living in Glassboro, NJ
Housing
The housing market plays a significant role in determining the cost of living in Glassboro, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $320,000
- Average Rent (2 BR Apartment): $2534 per month
- Average Rent (2 BR House): $2754 per month
In considering a move to Glassboro, NJ, it's important to note that the current housing situation reflects a median home price of 320000. However, the housing index and average rentals for both 2-bedroom apartments and houses are not currently available, suggesting potential fluctuations or a lack of data. This may indicate either a unique market condition or limited available listings. Given the median home price, prospective residents should be prepared for solid investment opportunities, depending on housing supply and demand once more data becomes available. Researching neighborhood amenities and lifestyle costs could further inform your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Glassboro, 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 Glassboro, 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 Glassboro is a financially viable option for your relocation.