Housing costs in Ventnor City?
A typical home costs
$428,400, which is 26.7% more expensive than the national average of
$338,100 and 0.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Ventnor City costs
$1,710 per month, which is 0.0% cheaper than the national average of
$1,710 and 7.6% more than the state average of
$1,580.
Can I afford Ventnor City?
To live comfortably in Ventnor City (zip 08406), New Jersey, a minimum annual income of
$82,080 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Ventnor City?
The cost of living in Ventnor City, NJ is quite high, with an overall cost of living index score of 156.7 (compared to the national average of 100). Groceries, healthcare, and utilities are all more expensive than the national averages, as well as housing prices. Renting a one-bedroom apartment in Ventnor City can easily run $2,700 or more per month. The median real estate price for a single family home is over $540,000 and the median household income is nearly $80,000. Despite the high cost of living, Ventnor City has plenty to offer from its beaches and boardwalk to its vibrant cultural and nightlife scene - making it an ideal location for those seeking quality living.