Housing costs in Downe?
A typical home costs
$206,300, which is 39.0% less expensive than the national average of
$338,100 and 52.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Downe costs
$1,500 per month, which is 4.9% more than the national average of
$1,430 and 14.0% cheaper than the state average of
$1,710.
Can I afford Downe?
To live comfortably in Downe, New Jersey, a minimum annual income of
$39,600 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Downe?
The cost of living in Downe, NJ is quite affordable compared to the rest of New Jersey. The median home value is slightly below the national average and it is possible to find a comfortable home in the area for around $200,000. Utility costs are also lower than average due to the area's mild climate and abundant natural resources. Groceries, healthcare, and other necessities can be found at prices comparably lower than other regions of the state. All in all, Downe provides an affordable living environment that lets its residents get more for their money.