Housing costs in Gibbsboro?
A typical home costs
$293,700, which is 13.1% less expensive than the national average of
$338,100 and 32.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Gibbsboro costs
$2,150 per month, which is 25.7% more than the national average of
$1,710 and 31.6% more than the state average of
$1,470.
Can I afford Gibbsboro?
To live comfortably in Gibbsboro (zip 08026), New Jersey, a minimum annual income of
$56,160 for a family, and
$71,200 for a single person is recommended.
What does A.I. say about Gibbsboro?
The cost of living in 08026 Gibbsboro, NJ is relatively high compared to the national average. According to Bestplaces.net, the median home value for 08026 Gibbsboro is $302,200 which is significantly higher than the national average of $216,200. Renters will also find that the prices in this area are slightly higher than what they would expect to pay across the country. The cost of food and groceries is also slightly more expensive with an index score of 103.7 compared to the U.S. average of 100. In short, 08026 Gibbsboro, NJ has a high cost of living but offers its inhabitants a beautiful suburban atmosphere with easy access to Philadelphia and other major cities in New Jersey.