Housing costs in Moorestown?
A typical home costs
$639,600, which is 89.2% more expensive than the national average of
$338,100 and 48.0% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Moorestown costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 4.9% cheaper than the state average of
$1,710.
Can I afford Moorestown?
To live comfortably in Moorestown, New Jersey, a minimum annual income of
$122,400 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Moorestown?
The cost of living in Moorestown, NJ is slightly higher than the national average, but still quite reasonable compared to surrounding areas. The median home value in Moorestown is $421,600 which is significantly higher than the national average. Additionally, groceries and health care costs are also slightly above the national average. However, transportation costs are much lower than the national average due to its close proximity to Philadelphia and other major cities. Overall, the cost of living in Moorestown is reasonable for those looking for a suburban lifestyle with easy access to urban areas.