Housing costs in Alloway township?
A typical home costs
$269,500, which is 20.3% less expensive than the national average of
$338,100 and 37.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Alloway township costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 21.3% cheaper than the state average of
$1,710.
Can I afford Alloway township?
To live comfortably in Alloway township, New Jersey, a minimum annual income of
$51,480 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Alloway township?
Alloway, NJ is a small yet thriving town located in Salem County. It has seen an influx of people over the past few years due to its reasonable cost of living. The cost of living in Alloway is generally lower than most surrounding areas, with the median home price estimated at around $200,000 and monthly rent prices averaging between $850 and $1000 for a two bedroom apartment. Additionally, utilities such as electricity, water, and gas are relatively low when compared to other parts of New Jersey. Furthermore, there are plenty of affordable restaurants and grocery stores throughout the town that cater to a variety of tastes and budgets. With all these factors taken into consideration, it's easy to see why so many people have decided to call Alloway their home.