Cost of Living in Marmora, NJ
Housing
The housing market plays a significant role in determining the cost of living in Marmora, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: Data is updating
- Average Rent (2 BR Apartment): $2586 per month
- Average Rent (2 BR House): $2811 per month
Based on the supplied data, it appears that Marmora, NJ is currently showing a housing index of 118.8, with a median home price of 0. Additionally, rental prices for a 2-bedroom apartment and house are both at 2586 and 2811, respectively. However, these values suggest a concerning lack of market activity or available listings, which could indicate a struggling real estate environment. It may be beneficial to further investigate local economic factors and demand trends before making a decision to move here, as this could heavily influence future investment outcomes in the housing market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Marmora, 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 Marmora, 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 Marmora is a financially viable option for your relocation.