Housing costs in Blackwood?
A typical home costs
$301,000, which is 11.0% less expensive than the national average of
$338,100 and 30.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Blackwood costs
$1,420 per month, which is 0.7% cheaper than the national average of
$1,430 and 20.4% cheaper than the state average of
$1,710.
Can I afford Blackwood?
To live comfortably in Blackwood, New Jersey, a minimum annual income of
$57,600 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Blackwood?
The cost of living in Blackwood, NJ is relatively low compared to surrounding areas. The median home value is around $169,000, which is significantly lower than the national average of $231,200. Additionally, the cost of groceries and other goods are on par with the rest of the country. Utilities are also quite affordable given that much of the area is covered by natural gas and electricity providers. All in all, Blackwood provides a cost-effective option for those who want to live close to Philadelphia while still enjoying a quiet suburban setting.