Hancocks Bridge, NJ Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Hancocks Bridge cost of living score
91.9
Less expensive
8.1% lower
than the US average
23.3% lower
than the New Jersey average
Hancocks Bridge, New Jersey gets a BestPlaces Cost of Living score of 91.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.1% lower than the U.S. average and 23.3% lower than the average for New Jersey.

Hancocks Bridge, NJ

Housing costs in Hancocks Bridge?
A typical home costs $154,500, which is 54.3% less expensive than the national average of $338,100 and 64.2% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Hancocks Bridge costs $1,280 per month, which is 10.5% cheaper than the national average of $1,430 and 33.6% cheaper than the state average of $1,710.

Can I afford Hancocks Bridge?
To live comfortably in Hancocks Bridge, New Jersey, a minimum annual income of $29,520 for a family, and $42,400 for a single person is recommended.

What does A.I. say about Hancocks Bridge?
Hancocks Bridge, NJ is known for its relatively low cost of living. Housing costs are affordable compared to some other parts of the state, and services like utilities and transportation tend to be reasonably priced as well. Generally speaking, the cost of living in Hancocks Bridge is quite reasonable for an area of its size and location. The town's close proximity to major cities such as Philadelphia also helps to keep the cost of living fairly low overall.
   Cost of living score
     CategoriesHancocks BridgeNew JerseyUnited States
  91.9119.8100.0
  101.1105.8100
  96.096.9100.0
  51.7136.4100.0
  $154,500$432,100$338,100
  111.8%109.2%100.0%
  108.0127.7100.0
  101.0112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Hancocks Bridge, NJ cost of living
Compare food, housing, utilities, and more in Hancocks Bridge, New Jersey to any other city in the US.