Housing costs in Cinnaminson?
A typical home costs
$379,600, which is 12.3% more expensive than the national average of
$338,100 and 12.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Cinnaminson costs
$2,090 per month, which is 46.2% more than the national average of
$1,430 and 18.2% more than the state average of
$1,710.
Can I afford Cinnaminson?
To live comfortably in Cinnaminson, New Jersey, a minimum annual income of
$72,720 for a family, and
$69,200 for a single person is recommended.
What does A.I. say about Cinnaminson?
The cost of living in Cinnaminson, NJ is higher than the national average. The median home value in Cinnaminson is $326,500, which is significantly higher than the national median home value of $182,500. Additionally, the median household income in Cinnaminson is $94,233 whereas the national average is only $55,322. This means that residents of Cinnaminson must earn more income in order to afford to pay for housing and other living expenses. Although there are some cheaper options available within Cinnaminson such as rental apartments or townhomes, overall the cost of living remains high due to its desirable location and amenities.