Housing costs in Rancocas?
A typical home costs
$344,600, which is 1.9% more expensive than the national average of
$338,100 and 20.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Rancocas costs
$1,730 per month, which is 21.0% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Rancocas?
To live comfortably in Rancocas (zip 08073), New Jersey, a minimum annual income of
$65,880 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Rancocas?
The cost of living in 08073 Rancocas, NJ is quite affordable. The overall cost of living index is 105.5, which is 5.5% higher than the national average, but still highly affordable. Housing costs are much more affordable compared to other places in the state as the median home price in Rancocas is $239,400 and monthly rent for a two bedroom apartment averages around $1,200 per month. Groceries, transportation, and utilities are also quite reasonable with prices comparable to or slightly lower than the national average. All in all, 08073 Rancocas provides an excellent balance between affordability and quality of life.