Zip 08248 (Strathmere, NJ) Cost of Living


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Strathmere cost of living score
122.7
More expensive
22.7% higher
than the US average
2.4% higher
than the New Jersey average
Strathmere (zip 08248), New Jersey gets a BestPlaces Cost of Living score of 122.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.7% higher than the U.S. average and 2.4% lower than the average for New Jersey.

Zip 08248 (Strathmere, NJ)

Housing costs in Strathmere?
A typical home costs $1,211,100, which is 258.2% more expensive than the national average of $338,100 and 180.3% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Strathmere costs $1,890 per month, which is 10.5% more than the national average of $1,710 and 18.0% more than the state average of $1,550.

Can I afford Strathmere?
To live comfortably in Strathmere (zip 08248), New Jersey, a minimum annual income of $232,200 for a family, and $57,200 for a single person is recommended.

What does A.I. say about Strathmere?
The cost of living in 08248 Strathmere, NJ is relatively affordable. The median home value in the area is $761,000 which is slightly above the national median of $229,800. However, given the abundant amenities and natural beauty offered by this small coastal town, it can be worth the investment. In addition to housing costs, groceries and health care are also lower than the national average. Overall, Strathmere offers a comfortable and convenient lifestyle at an affordable cost.
   Cost of living score
     CategoriesStrathmereNew JerseyUnited States
  122.7119.8100.0
  112.8105.8100
  97.496.9100.0
  335.3136.4100.0
  $1,211,100$432,100$338,100
  112.4%109.2%100.0%
  90.6127.7100.0
  103.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime