Waretown, NJ Cost of Living


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Waretown cost of living score
111.9
More expensive
11.9% higher
than the US average
6.6% lower
than the New Jersey average
Waretown, New Jersey gets a BestPlaces Cost of Living score of 111.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% higher than the U.S. average and 6.6% higher than the average for New Jersey.

Waretown, NJ

Housing costs in Waretown?
A typical home costs $421,000, which is 24.5% more expensive than the national average of $338,100 and 2.6% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Waretown costs $1,820 per month, which is 27.3% more than the national average of $1,430 and 6.0% more than the state average of $1,710.

Can I afford Waretown?
To live comfortably in Waretown, New Jersey, a minimum annual income of $80,640 for a family, and $58,000 for a single person is recommended.

What does A.I. say about Waretown?
The cost of living in Waretown, NJ is quite reasonable. While it's not as affordable as some other small towns, there are plenty of ways to save money. Prices on housing are lower than the state average, with a median home price around $235,000. In addition, utility costs are also below average compared to the rest of New Jersey. Residents can also take advantage of nearby shopping areas and restaurants that offer competitive prices without sacrificing quality. All in all, living in Waretown is an affordable way to have access to amenities and enjoy the tight-knit community that it offers.
   Cost of living score
     CategoriesWaretownNew JerseyUnited States
  111.9119.8100.0
  104.7105.8100
  97.796.9100.0
  107.7136.4100.0
  $421,000$432,100$338,100
  106.5%109.2%100.0%
  98.5127.7100.0
  101.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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