Housing costs in Riverton?
A typical home costs
$359,800, which is 6.4% more expensive than the national average of
$338,100 and 16.7% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Riverton costs
$1,970 per month, which is 37.8% more than the national average of
$1,430 and 13.2% more than the state average of
$1,710.
Can I afford Riverton?
To live comfortably in Riverton (zip 08077), New Jersey, a minimum annual income of
$69,120 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Riverton?
The cost of living in 08077 Riverton, NJ is quite affordable. The median home value is around $268,500, and the median rent is around $1,500. Housing costs are quite reasonable and utilities are generally inexpensive. Grocery prices are comparable to the rest of the country and overall living expenses can be kept low with a bit of planning. The town has a variety of restaurants to choose from, but they tend to be reasonably priced as well. In short, 08077 Riverton, NJ is an affordable place to live and work.