Housing costs in Runnemede?
A typical home costs
$232,600, which is 31.2% less expensive than the national average of
$338,100 and 46.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Runnemede costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 34.6% cheaper than the state average of
$1,710.
Can I afford Runnemede?
To live comfortably in Runnemede, New Jersey, a minimum annual income of
$44,640 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Runnemede?
Runnemede, NJ is an affordable place to live. The cost of living index is slightly lower than the national average, making it a great option for those on a budget. The median home value is around $115,000 which makes it much more accessible and affordable for many families. Utilities in Runnemede are also relatively low with electricity costing an average of 11 cents per kilowatt hour. This city also boasts a variety of stores where residents can find affordable food options as well as other necessities. All in all, Runnemede is an excellent choice for anyone looking to not break the bank when they move into the area.