Cost of Living in Lincroft, NJ
Housing
The housing market plays a significant role in determining the cost of living in Lincroft, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $640,000
- Average Rent (2 BR Apartment): $2586 per month
- Average Rent (2 BR House): $2811 per month
In evaluating your potential move to Lincroft, NJ, it's important to note that while the housing index is currently at 118.8, indicating a potential opportunity in the market, the median home price stands quite high at 640000. With average rents for a 2-bedroom apartment and house reportedly at 2586 and 2811, respectively, it suggests a challenging rental landscape. Research local amenities, schools, and job opportunities, as they can greatly influence your decision to relocate to this area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lincroft, 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 Lincroft, 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 Lincroft is a financially viable option for your relocation.