Housing costs in Medford?
A typical home costs
$497,100, which is 47.0% more expensive than the national average of
$338,100 and 15.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Medford costs
$1,780 per month, which is 24.5% more than the national average of
$1,430 and 3.9% more than the state average of
$1,710.
Can I afford Medford?
To live comfortably in Medford, New Jersey, a minimum annual income of
$95,400 for a family, and
$59,200 for a single person is recommended.
What does A.I. say about Medford?
Medford, NJ has a higher cost of living than the US average. The US average Cost of Living is 100, while the Cost of Living in Medford, NJ is 120.1. This means that it costs 20.1% more to live in Medford than it does on average around the country. Additionally, the median House Value in Medford is $497100 whereas the US average House Value is $338,100. This indicates that homes are generally more expensive in Medford than across the United States.