Cost of Living in Old bridge, NJ
Housing
The housing market plays a significant role in determining the cost of living in Old bridge, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $426,000
- Average Rent (2 BR Apartment): $2734 per month
- Average Rent (2 BR House): $2971 per month
Based on the provided data for Old bridge, NJ, the housing index indicates no current activity or offers, making it difficult to analyze the rental market accurately. The median home price is quite substantial at 426000, suggesting a competitive market for buyers. However, considering that both the average rent for a 2-bedroom apartment and a 2-bedroom house is currently reported as zero, this could indicate an emerging market or data collection issues. If you are looking to move, be prepared for potential fluctuations in housing and rental prices in this locality moving forward.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Old bridge, 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 Old bridge, 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 Old bridge is a financially viable option for your relocation.