Housing costs in Eatontown?
A typical home costs
$531,000, which is 57.1% more expensive than the national average of
$338,100 and 22.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Eatontown costs
$1,450 per month, which is 15.2% cheaper than the national average of
$1,710 and 49.7% cheaper than the state average of
$2,170.
Can I afford Eatontown?
To live comfortably in Eatontown (zip 07724), New Jersey, a minimum annual income of
$101,880 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Eatontown?
The cost of living in 07724 Eatontown, NJ is slightly higher than the national average. According to data from BestPlaces, the overall cost of living index is 126, which is 26% higher than the national average. Housing costs are particularly high in this area due to its proximity to New York City and other major cities. The median home value is $413,800 which is significantly higher than the median home value in the United States which stands at $228,000. Additionally, transportation costs are also above average with an estimated monthly cost of $362 for a single adult. All in all, although living in 07724 Eatontown may require a bit extra financially, it can be well worth it due to its convenience and access to amenities.