Cost of Living in Roselle park, NJ
Housing
The housing market plays a significant role in determining the cost of living in Roselle park, NJ.
- Housing Index: 118.8 / 100
- Median Home Price is: $400,000
- Average Rent (2 BR Apartment): $2088 per month
- Average Rent (2 BR House): $2270 per month
Analyzing the real estate market of Roselle park, NJ, we find a median home price of 400000. However, the housing index at 118.8 indicates a challenging market with no reported rentals; both average rents for a 2-bedroom apartment and house are at $0. This suggests potential limited supply of rental options for moving families or individuals. It's vital to consider not only home purchase but also long-term rental availability when deliberating a move. Tight markets may reflect overall demand trends and affordability concerns, enhancing your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Roselle park, 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 Roselle park, 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 Roselle park is a financially viable option for your relocation.