Housing costs in Pennsauken?
A typical home costs
$213,800, which is 36.8% less expensive than the national average of
$338,100 and 50.5% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Pennsauken costs
$1,450 per month, which is 1.4% more than the national average of
$1,430 and 17.9% cheaper than the state average of
$1,710.
Can I afford Pennsauken?
To live comfortably in Pennsauken (zip 08110), New Jersey, a minimum annual income of
$41,040 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Pennsauken?
The cost of living in 08110 Pennsauken, NJ is fairly affordable compared to the rest of the state. According to BestPlaces, the cost of living index in Pennsauken is 83.52, which is slightly lower than the U.S. average (87.14). The median home value in Pennsauken is $141,800 which is 35% lower than the New Jersey median home value of $217,400 and around 20% lower than the national average of $181,500. Utilities are also quite affordable with an index score of 78.02 (the US average being 100). Furthermore, transportation expenses are relatively low compared to other areas in New Jersey due to its close proximity to cities like Philadelphia and Camden. All in all, living in 08110 Pennsauken should provide an affordable lifestyle for those looking for a suburban atmosphere near urban amenities.