Crestwood Village, NJ Cost of Living


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Crestwood Village cost of living score
111.9
More expensive
11.9% higher
than the US average
6.6% lower
than the New Jersey average
Crestwood Village, New Jersey gets a BestPlaces Cost of Living score of 111.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% higher than the U.S. average and 6.6% higher than the average for New Jersey.

Crestwood Village, NJ

Housing costs in Crestwood Village?
A typical home costs $110,000, which is 67.5% less expensive than the national average of $338,100 and 74.5% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Crestwood Village costs $1,260 per month, which is 11.9% cheaper than the national average of $1,430 and 35.7% cheaper than the state average of $1,710.

Can I afford Crestwood Village?
To live comfortably in Crestwood Village, New Jersey, a minimum annual income of $21,240 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Crestwood Village?
The cost of living in Crestwood Village, NJ is quite reasonable. The median home value in the area is approximately $164,800 and the median rent is around $1400 per month. Utilities are also relatively inexpensive with electricity costing an average of just over $100 per month and natural gas hovering at around $87 a month. Food prices are comparable to other areas in the area, making it a great place to live while still remaining on a budget. Additionally, property taxes are low, averaging only about 1% of the assessed value of homes in Crestwood Village. All combined, this makes Crestwood Village a great place to live, especially for those looking for an affordable place to call home.
   Cost of living score
     CategoriesCrestwood VillageNew JerseyUnited States
  111.9119.8100.0
  101.5105.8100
  97.796.9100.0
  30.6136.4100.0
  $110,000$432,100$338,100
  106.5%109.2%100.0%
  101.0127.7100.0
  102.0112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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