Housing costs in Swedesboro?
A typical home costs
$392,400, which is 16.1% more expensive than the national average of
$338,100 and 9.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Swedesboro costs
$2,100 per month, which is 46.9% more than the national average of
$1,430 and 18.6% more than the state average of
$1,710.
Can I afford Swedesboro?
To live comfortably in Swedesboro, New Jersey, a minimum annual income of
$75,240 for a family, and
$69,600 for a single person is recommended.
What does A.I. say about Swedesboro?
The cost of living in Swedesboro, NJ is generally affordable. The median home value is around $250,000, which is much lower than the state and national averages. Renting an apartment or house in the area typically costs between $900-$1600 per month. Overall, living expenses in the area are very reasonable. Groceries, utilities, transportation, and other necessities are all relatively inexpensive compared to other parts of the country. With such a low cost of living combined with its close proximity to Philadelphia and New York City, Swedesboro is becoming increasingly attractive for those looking for a comfortable lifestyle at an affordable price.