Golden Triangle, NJ Cost of Living


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Golden Triangle cost of living score
94.2
Less expensive
5.8% lower
than the US average
21.4% lower
than the New Jersey average
Golden Triangle, 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.

Golden Triangle, NJ

Housing costs in Golden Triangle?
A typical home costs $271,100, which is 19.8% less expensive than the national average of $338,100 and 37.3% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Golden Triangle costs $1,870 per month, which is 30.8% more than the national average of $1,430 and 8.6% more than the state average of $1,710.

Can I afford Golden Triangle?
To live comfortably in Golden Triangle, New Jersey, a minimum annual income of $51,840 for a family, and $62,000 for a single person is recommended.

What does A.I. say about Golden Triangle?
The cost of living in Golden Triangle, NJ is relatively high compared to other parts of the state. On average, housing costs are more than double the national average and can range anywhere from $300,000 for a single family home to upwards of $2 million for a home in an exclusive neighborhood. Groceries and other basic necessities are also significantly higher when compared to other parts of the country. The cost of utilities such as electricity and water are also slightly higher than average due to the area's low population density. However, with its close proximity to Philadelphia and New York City, residents enjoy easy access to some of the best cultural offerings in the nation without paying exorbitant prices.
   Cost of living score
     CategoriesGolden TriangleNew JerseyUnited States
  94.2119.8100.0
  104.8105.8100
  95.196.9100.0
  85.7136.4100.0
  $271,100$432,100$338,100
  114.7%109.2%100.0%
  94.9127.7100.0
  100.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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