Collingswood, NJ Cost of Living


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Collingswood cost of living score
94.2
Less expensive
5.8% lower
than the US average
21.4% lower
than the New Jersey average
Collingswood, New Jersey gets a BestPlaces Cost of Living score of 94.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% lower than the U.S. average and 21.4% lower than the average for New Jersey.

Collingswood, NJ

Housing costs in Collingswood?
A typical home costs $328,100, which is 3.0% less expensive than the national average of $338,100 and 24.1% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Collingswood costs $1,550 per month, which is 8.4% more than the national average of $1,430 and 10.3% cheaper than the state average of $1,710.

Can I afford Collingswood?
To live comfortably in Collingswood, New Jersey, a minimum annual income of $63,000 for a family, and $51,600 for a single person is recommended.

What does A.I. say about Collingswood?
Collingswood, NJ is an affordable option for those looking to move to the area, with the cost of living being well below the national average. The median household income in Collingswood is around $59,000, and the median home values are around $187,500. The cost of groceries, health care and transportation services is lower than average as well. All in all, Collingswood provides a great value for anyone looking for an affordable place to live.
   Cost of living score
     CategoriesCollingswoodNew JerseyUnited States
  94.2119.8100.0
  105105.8100
  95.196.9100.0
  108.8136.4100.0
  $328,100$432,100$338,100
  113.8%109.2%100.0%
  91.3127.7100.0
  100.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Collingswood
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Over 15 years ago

The housing here (for at least 2+ bedroom houses) can range anywhere from $180,000s to the upper $400,000s, depending on amenities and neighborhood  More

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Many high profile chef's from Philadelphia have migrated to this great little hometown America. Interesting shops line both sides of the main street where you get that  More

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