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Cost of Living in Joint Base McGuire-Dix-Lakehurst

Is it better to rent or buy in Joint Base McGuire-Dix-Lakehurst? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$92,105
$2,766/mo

Median in area: $2,766

$358,500

Median in area: $358,500

$71,700

If you Rent

$2,898 /mo
Base Rent$2,766
Est. Utilities$132
% of Income37.8%
Pre-tax Residual$4,777

If you Buy

$2,532 /mo
P&I (6.905%)$1,890
Taxes & Ins$510
Est. Utilities$132
% of Income33.0%
Pre-tax Residual$5,144

Cost of Living FAQs

Is it cheaper to rent or buy in Joint Base McGuire-Dix-Lakehurst?›

Based on median housing data, buying is currently more affordable on a monthly basis in Joint Base McGuire-Dix-Lakehurst. The estimated all-in monthly cost for renting is $2,898, while owning a median-priced home with a 20% down payment is roughly $2,532 per month (a difference of $366).

How much do utilities cost in Joint Base McGuire-Dix-Lakehurst?›

The average monthly utility cost (electricity and natural gas) for a typical home in Joint Base McGuire-Dix-Lakehurst is approximately $132. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Joint Base McGuire-Dix-Lakehurst?›

To comfortably afford the median rent and utilities in Joint Base McGuire-Dix-Lakehurst without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $115,920 per year.