Housing costs in Ringoes?
A typical home costs
$578,500, which is 71.1% more expensive than the national average of
$338,100 and 33.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Ringoes costs
$2,440 per month, which is 70.6% more than the national average of
$1,430 and 29.9% more than the state average of
$1,710.
Can I afford Ringoes?
To live comfortably in Ringoes (zip 08551), New Jersey, a minimum annual income of
$110,880 for a family, and
$77,200 for a single person is recommended.
What does A.I. say about Ringoes?
The cost of living in 08551 Ringoes, NJ is generally quite high compared to the national average. The primary reason for this is its close proximity to major cities such as Philadelphia and New York City. Housing costs can be quite steep, with the median home value hovering around $400,000 dollars. The cost of groceries, transportation, and other goods and services are also higher than average due to the increased demand in the area. There is no sales tax in New Jersey, however there are several other taxes including income tax, real estate tax and property taxes that residents must pay each year. Overall, living in 08551 Ringoes, NJ can be expensive but it offers a great quality of life with plenty of job opportunities and convenient access to major metropolitan areas.