New Egypt, NJ Cost of Living


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New Egypt cost of living score
111.9
More expensive
11.9% higher
than the US average
6.6% lower
than the New Jersey average
New Egypt, New Jersey gets a BestPlaces Cost of Living score of 111.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.9% higher than the U.S. average and 6.6% higher than the average for New Jersey.

New Egypt, NJ

Housing costs in New Egypt?
A typical home costs $455,000, which is 34.6% more expensive than the national average of $338,100 and 5.3% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in New Egypt costs $1,320 per month, which is 7.7% cheaper than the national average of $1,430 and 29.5% cheaper than the state average of $1,710.

Can I afford New Egypt?
To live comfortably in New Egypt, New Jersey, a minimum annual income of $87,120 for a family, and $42,400 for a single person is recommended.

What does A.I. say about New Egypt?
The cost of living in New Egypt, NJ is relatively affordable compared to other parts of the state. The median home value in the town is $294,800 USD, which is slightly lower than both the national and state averages. Furthermore, housing costs are generally lower than the US average and the median household income is slightly higher than the national median at $86,106 USD. Overall, New Egypt provides a reasonably priced place to live with access to amenities such as parks, restaurants, and shopping centers.
   Cost of living score
     CategoriesNew EgyptNew JerseyUnited States
  111.9119.8100.0
  105.1105.8100
  97.796.9100.0
  140.2136.4100.0
  $455,000$432,100$338,100
  106.5%109.2%100.0%
  98.5127.7100.0
  102.1112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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