Housing costs in Southampton?
A typical home costs
$341,700, which is 1.1% more expensive than the national average of
$338,100 and 20.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Southampton costs
$2,040 per month, which is 42.7% more than the national average of
$1,430 and 16.2% more than the state average of
$1,710.
Can I afford Southampton?
To live comfortably in Southampton, New Jersey, a minimum annual income of
$65,520 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Southampton?
The cost of living in Southampton, NJ is relatively high compared to the national average. According to BestPlaces's Cost of Living Index, Southampton is roughly 26% more expensive than the United States average. While housing costs make up a large portion of this difference, overall prices in Southampton are higher than most areas. Groceries, utilities, and transportation costs are all slightly higher than the national average as well. Residents of Southampton should plan for a budget that accounts for these higher prices if they want to live comfortably in this area.