Housing costs in Chester borough?
A typical home costs
$588,900, which is 74.2% more expensive than the national average of
$338,100 and 36.3% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Chester borough costs
$1,940 per month, which is 35.7% more than the national average of
$1,430 and 11.9% more than the state average of
$1,710.
Can I afford Chester borough?
To live comfortably in Chester borough, New Jersey, a minimum annual income of
$112,680 for a family, and
$64,800 for a single person is recommended.
What does A.I. say about Chester borough?
The cost of living in Chester borough, NJ is generally higher than the national average. According to Best Places, the overall cost of living index is 125.2, over 25% higher than the national average. Housing costs are particularly high, with the median home price coming in at $577,500 and rent costing an average of $1,882 per month. Despite the higher prices in Chester borough, NJ residents enjoy a high quality of life that includes access to parks and recreation centers as well as numerous cultural attractions and restaurants.