Housing costs in Elsinboro?
A typical home costs
$266,600, which is 21.1% less expensive than the national average of
$338,100 and 38.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Elsinboro costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 30.5% cheaper than the state average of
$1,710.
Can I afford Elsinboro?
To live comfortably in Elsinboro, New Jersey, a minimum annual income of
$51,120 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Elsinboro?
The cost of living in Elsinboro, NJ is relatively low compared to other areas in the region. The median home value is around $135,000, with a median household income of approximately $58,000. This makes housing and other necessities affordable for those living in the area. The overall cost of living index is 84.3 which is 8% lower than the national average. With a low crime rate and top-rated schools, Elsinboro is an attractive place to live for those looking for an affordable lifestyle with quality amenities nearby.