Cost of Living in Hazlet, NJ
Housing
The housing market plays a significant role in determining the cost of living in Hazlet, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $394,000
- Average Rent (2 BR Apartment): $2466 per month
- Average Rent (2 BR House): $2681 per month
Analyzing the housing data for Hazlet, NJ, we see a housing index of 118.8, indicating a higher-than-average home price relative to the national standard. The median home price stands at 394000, which reflects a robust real estate market but could pose challenges for potential buyers. Rental prices are notably high, with the average rental for a 2-bedroom apartment at 2466 and a house at 2681. Those considering relocation to these trendy areas should weigh these expenses against their financial situation to ensure a good fit for their lifestyle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hazlet, 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 Hazlet, 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 Hazlet is a financially viable option for your relocation.