Andover borough, NJ Cost of Living


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How much do I need to live in Andover borough, New Jersey?
$5,520 / month
for a family, 2.2% more expensive than the national average A total of $66,240 for the year for a family.
$4,633 / month
for a single person, 2.8% less expensive than the national average A total of $55,600 for the year for a single person.

Andover borough cost of living score
115
More expensive
15.0% higher
than the US average
4.0% lower
than the New Jersey average
Andover borough, New Jersey gets a BestPlaces Cost of Living score of 115, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% higher than the U.S. average and 4.0% higher than the average for New Jersey.

Andover borough, NJ

Housing costs in Andover borough?
A typical home costs $344,900, which is 2.0% more expensive than the national average of $338,100 and 20.2% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Andover borough costs $1,660 per month, which is 16.1% more than the national average of $1,430 and 3.0% cheaper than the state average of $1,710.

Can I afford Andover borough?
To live comfortably in Andover borough, New Jersey, a minimum annual income of $66,240 for a family, and $55,600 for a single person is recommended.

What does A.I. say about Andover borough?
Andover Borough, NJ is a great place to live with its affordable cost of living. Home prices in the area are lower than the national average, making it easy for people to find an affordable home. Renting costs in Andover Borough are also low compared to other places in New Jersey, which makes it attractive for those looking for more budget friendly options. The cost of groceries and other goods is also relatively low, making it a great choice for those who want to save money while still having access to all the desirable amenities of a larger city.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesAndover boroughNew JerseyUnited States
    Unlock119.8100.0
  104.5  Unlock100.0
    Unlock96.9100.0
  102.5  Unlock100.0
    Unlock$432,100$338,100
  101.1  Unlock100.0
    Unlock127.7100.0
  116.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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