Housing costs in Allentown?
A typical home costs
$552,700, which is 63.5% more expensive than the national average of
$338,100 and 27.9% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Allentown costs
$1,370 per month, which is 4.2% cheaper than the national average of
$1,430 and 24.8% cheaper than the state average of
$1,710.
Can I afford Allentown?
To live comfortably in Allentown, New Jersey, a minimum annual income of
$105,840 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Allentown?
Allentown, NJ is known for its moderate cost of living. The median home cost in Allentown is $342,000 which is significantly lower than the state average of $477,500. Additionally, the cost of basic necessities such as food and gas will not break the bank. Groceries and healthcare costs are also relatively low compared to other states. However, one should bear in mind that housing expenses can be quite high due to the area's popularity among retirees and families. Renting a home or apartment can be costly too since demand is high in this city. All in all, Allentown’s cost of living makes it a great place to live if you’re looking for an affordable option with plenty of amenities.