Marksboro, NJ Cost of Living


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Marksboro cost of living score
104.7
More expensive
4.7% higher
than the US average
12.6% lower
than the New Jersey average
Marksboro, 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.

Marksboro, NJ

Housing costs in Marksboro?
A typical home costs $217,200, which is 35.8% less expensive than the national average of $338,100 and 49.7% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Marksboro costs $1,760 per month, which is 23.1% more than the national average of $1,430 and 2.8% more than the state average of $1,710.

Can I afford Marksboro?
To live comfortably in Marksboro, New Jersey, a minimum annual income of $41,760 for a family, and $58,400 for a single person is recommended.

What does A.I. say about Marksboro?
The cost of living in Marksboro, NJ is quite reasonable. The median home value for the area is around $250,000, which is lower than the national average of $200,000. Additionally, prices for basic necessities are lower than many other areas in New Jersey due to the small town atmosphere and lack of competition from big box stores. Residents can get groceries at local markets or farmers’ markets for a very affordable price. Other expenses such as electricity and gas are also quite low compared to other parts of the state. All in all, Marksboro offers an affordable lifestyle that allows its residents to enjoy a comfortable life without breaking the bank.
   Cost of living score
     CategoriesMarksboroNew JerseyUnited States
  104.7119.8100.0
  107105.8100
  98.796.9100.0
  82.9136.4100.0
  $217,200$432,100$338,100
  102.3%109.2%100.0%
  110.8127.7100.0
  104.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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