Cologne, NJ Cost of Living


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How much do I need to live in Cologne, New Jersey?
$4,530 / month
for a family, 16.1% less expensive than the national average A total of $54,360 for the year for a family.
$4,100 / month
for a single person, 14.0% less expensive than the national average A total of $49,200 for the year for a single person.

Cologne cost of living score
93.9
Less expensive
6.1% lower
than the US average
21.6% lower
than the New Jersey average
Cologne, New Jersey gets a BestPlaces Cost of Living score of 93.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% lower than the U.S. average and 21.6% lower than the average for New Jersey.

Cologne, NJ

Housing costs in Cologne?
A typical home costs $0, which is 100.0% less expensive than the national average of $338,100 and 100.0% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Cologne 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 Cologne?
To live comfortably in Cologne, New Jersey, a minimum annual income of $54,360 for a family, and $49,200 for a single person is recommended.

What does A.I. say about Cologne?
Cologne, NJ is an ideal location for those looking to settle in the area. The median value of homes in the town is well below the US average, making it more affordable for those looking to purchase a home. Additionally, the cost of living in Cologne is also lower than the national average. This makes it an especially attractive option for those looking to live a comfortable and budget-friendly life. With its lower costs and close proximity to larger cities, Cologne is perfect for people who want all the benefits of city living without sacrificing too much of their financial security.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesCologneNew JerseyUnited States
    Unlock119.8100.0
Grocery 105.8100

   100=National Average

   Average Rent by Bedroom Size
Crime
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