Housing costs in Oxford township?
A typical home costs
$265,600, which is 21.4% less expensive than the national average of
$338,100 and 38.5% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Oxford township costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 42.5% cheaper than the state average of
$1,710.
Can I afford Oxford township?
To live comfortably in Oxford township, New Jersey, a minimum annual income of
$50,760 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Oxford township?
The cost of living in Oxford, NJ is considerably higher than the national average. According to BestPlaces.net, the overall cost of living index for Oxford is 143.1, which is significantly higher than the national average of 100. This means that it is more expensive to live in Oxford than it is in other parts of the country. Housing costs are much higher than the national average, with home prices typically over $200,000 and rent averaging around $1,500 per month. Groceries and health care expenses are also slightly higher than average. However, taxes in Oxford are about on par with the rest of New Jersey and they are lower than most other states.