Shamong, NJ Cost of Living


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Shamong cost of living score
104.9
More expensive
4.9% higher
than the US average
12.4% lower
than the New Jersey average
Shamong, New Jersey gets a BestPlaces Cost of Living score of 104.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.9% higher than the U.S. average and 12.4% higher than the average for New Jersey.

Shamong, NJ

Housing costs in Shamong?
A typical home costs $434,600, which is 28.5% more expensive than the national average of $338,100 and 0.6% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Shamong costs $2,040 per month, which is 42.7% more than the national average of $1,430 and 16.2% more than the state average of $1,710.

Can I afford Shamong?
To live comfortably in Shamong, New Jersey, a minimum annual income of $83,160 for a family, and $67,600 for a single person is recommended.

What does A.I. say about Shamong?
The cost of living in Shamong, NJ is quite reasonable. The median home value is around $268,000, and the median rent price is approximately $1,200 per month. Even though it is a relatively small town with a population of just under 5,000 people, there are plenty of amenities nearby such as shopping centers and restaurants. Property taxes are also below the national average at 2.12%. All these factors make it an attractive place to live for those looking for an affordable lifestyle.
   Cost of living score
     CategoriesShamongNew JerseyUnited States
  104.9119.8100.0
  105.6105.8100
  96.496.9100.0
  133.7136.4100.0
  $434,600$432,100$338,100
  113.0%109.2%100.0%
  122.3127.7100.0
  117.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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