Housing costs in Pemberton borough?
A typical home costs
$287,000, which is 15.1% less expensive than the national average of
$338,100 and 33.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Pemberton borough costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 34.6% cheaper than the state average of
$1,710.
Can I afford Pemberton borough?
To live comfortably in Pemberton borough, New Jersey, a minimum annual income of
$55,080 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Pemberton borough?
The cost of living in Pemberton Borough, NJ is slightly higher than the national average. According to BestPlaces, the overall cost of living index in Pemberton Borough is rated at 115.3. This means that it is 15.3% more expensive to live in Pemberton Borough than other cities in the United States. Housing costs are particularly high with an average house costing over $300,000 and rent prices that can range from $800 for a one bedroom apartment to $3000 for a three bedroom apartment per month. Additionally, goods and services like food and transportation are also slightly more expensive than the national average, which contributes to the overall higher cost of living in this borough.