Anderson, NJ Cost of Living


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Anderson cost of living score
104.7
More expensive
4.7% higher
than the US average
12.6% lower
than the New Jersey average
Anderson, New Jersey gets a BestPlaces Cost of Living score of 104.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.7% higher than the U.S. average and 12.6% higher than the average for New Jersey.

Anderson, NJ

Housing costs in Anderson?
A typical home costs $222,000, which is 34.3% less expensive than the national average of $338,100 and 48.6% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Anderson costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 2.4% cheaper than the state average of $1,710.

Can I afford Anderson?
To live comfortably in Anderson, New Jersey, a minimum annual income of $42,480 for a family, and $55,200 for a single person is recommended.

What does A.I. say about Anderson?
The cost of living in Anderson, NJ is relatively high compared to other nearby towns. Prices for food, housing and transportation are all higher than the national average. The median home price for a three bedroom house or apartment is around $300,000, making it one of the most expensive areas in the state. Additionally, the average cost of gas is about 20% higher than the rest of New Jersey and prices at local supermarkets tend to be on the high end. Despite these high costs, however, Anderson remains an attractive option for those looking to live close to NYC as well as enjoy a community with many amenities.
   Cost of living score
     CategoriesAndersonNew JerseyUnited States
  104.7119.8100.0
  105.6105.8100
  98.796.9100.0
  105.8136.4100.0
  $222,000$432,100$338,100
  102.3%109.2%100.0%
  110.8127.7100.0
  104.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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