Zip 08012 (Blackwood, NJ) Cost of Living


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Blackwood cost of living score
94.2
Less expensive
5.8% lower
than the US average
21.4% lower
than the New Jersey average
Blackwood (zip 08012), New Jersey gets a BestPlaces Cost of Living score of 94.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% lower than the U.S. average and 21.4% lower than the average for New Jersey.

Zip 08012 (Blackwood, NJ)

Housing costs in Blackwood?
A typical home costs $290,600, which is 14.0% less expensive than the national average of $338,100 and 32.7% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Blackwood costs $1,500 per month, which is 4.9% more than the national average of $1,430 and 14.0% cheaper than the state average of $1,710.

Can I afford Blackwood?
To live comfortably in Blackwood (zip 08012), New Jersey, a minimum annual income of $55,800 for a family, and $50,000 for a single person is recommended.

What does A.I. say about Blackwood?
The cost of living in 08012 Blackwood, NJ is higher than the national average. The housing costs in this area are especially high, often coming in at more than double the national average. Furthermore, goods and services are generally more expensive in this area as well. This is likely due to the greater demand for these items from a higher-income population. Despite these hight costs, 08012 Blackwood, NJ is still an attractive place to live due to its close proximity to major employers and its easy access to many cultural activities and amenities.
   Cost of living score
     CategoriesBlackwoodNew JerseyUnited States
  94.2119.8100.0
  103.5105.8100
  95.196.9100.0
  84.2136.4100.0
  $290,600$432,100$338,100
  113.0%109.2%100.0%
  94.9127.7100.0
  100.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime