Housing costs in Bogota?
A typical home costs
$442,600, which is 30.9% more expensive than the national average of
$338,100 and 2.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Bogota costs
$1,810 per month, which is 26.6% more than the national average of
$1,430 and 5.5% more than the state average of
$1,710.
Can I afford Bogota?
To live comfortably in Bogota, New Jersey, a minimum annual income of
$84,960 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Bogota?
The cost of living in Bogota, NJ is relatively low compared to other places in the United States. The average cost of a one-bedroom apartment is $1,100 per month. Utilities are also relatively inexpensive, with electricity costing an average of $87 per month and water costing an average of $38 per month. Groceries tend to be slightly more expensive than the national average, but still remain affordable. Overall, the cost of living in Bogota is very reasonable and makes it an attractive place for those looking to live on a budget.