Oaklyn, NJ Cost of Living


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Oaklyn cost of living score
94.2
Less expensive
5.8% lower
than the US average
21.4% lower
than the New Jersey average
Oaklyn, New Jersey gets a BestPlaces Cost of Living score of 94.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% lower than the U.S. average and 21.4% lower than the average for New Jersey.

Oaklyn, NJ

Housing costs in Oaklyn?
A typical home costs $255,400, which is 24.5% less expensive than the national average of $338,100 and 40.9% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Oaklyn costs $1,370 per month, which is 4.2% cheaper than the national average of $1,430 and 24.8% cheaper than the state average of $1,710.

Can I afford Oaklyn?
To live comfortably in Oaklyn, New Jersey, a minimum annual income of $48,960 for a family, and $45,600 for a single person is recommended.

What does A.I. say about Oaklyn?
Oaklyn, NJ is a great place to live with its convenient location and proximity to major cities. The cost of living in Oaklyn is quite reasonable compared to other nearby towns and cities. The city has a lower cost of housing than surrounding areas, making it attractive for those who want affordable housing but also easy access to bigger cities in the region. The average rent for an apartment in Oaklyn is much lower than the average rent for an apartment in Camden or Philadelphia. There are also several great restaurants, markets, and shops that make living there even more affordable. In addition to lower costs of living, Oaklyn is close to many parks and recreation facilities as well as entertainment venues like movie theaters and music halls which add value to the area.
   Cost of living score
     CategoriesOaklynNew JerseyUnited States
  94.2119.8100.0
  103105.8100
  95.196.9100.0
  79.5136.4100.0
  $255,400$432,100$338,100
  114.7%109.2%100.0%
  92.9127.7100.0
  100.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Oaklyn
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I am the Mayor of this beautiful southern NJ borough and I love this place. Of particular interest to me is the small town library that we have on Newton Ave.. It  More

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