Housing costs in Pennsauken?
A typical home costs
$218,100, which is 35.5% less expensive than the national average of
$338,100 and 49.5% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Pennsauken costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 23.0% cheaper than the state average of
$1,710.
Can I afford Pennsauken?
To live comfortably in Pennsauken, New Jersey, a minimum annual income of
$41,760 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Pennsauken?
The cost of living in Pennsauken, NJ is relatively affordable compared to other areas of the state. According to Sperling's Best Places, the overall cost of living index is 96.3 which is 4.7% lower than the national average. Housing costs are also quite reasonable with an estimated median home value of $187,700 and a median rent price of about $1,134 per month for a two-bedroom apartment. The city has also seen an increase in property values over recent years which has contributed to its affordability as well. Overall, Pennsauken is an attractive option for those looking to settle in the Garden State without breaking the bank.