Skillman, NJ Cost of Living


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Skillman cost of living score
131.6
More expensive
31.6% higher
than the US average
9.8% higher
than the New Jersey average
Skillman, New Jersey gets a BestPlaces Cost of Living score of 131.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.6% higher than the U.S. average and 9.8% lower than the average for New Jersey.

Skillman, NJ

Housing costs in Skillman?
A typical home costs $826,800, which is 144.5% more expensive than the national average of $338,100 and 91.3% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Skillman costs $2,260 per month, which is 58.0% more than the national average of $1,430 and 24.3% more than the state average of $1,710.

Can I afford Skillman?
To live comfortably in Skillman, New Jersey, a minimum annual income of $158,400 for a family, and $71,600 for a single person is recommended.

What does A.I. say about Skillman?
The cost of living in Skillman, NJ is generally considered to be quite reasonable. The median home price is around $400,000, and rental rates are relatively low considering the area's proximity to New York City. Grocery costs are also competitively priced when compared to other parts of the country. Generally speaking, the cost of living in Skillman, NJ is slightly lower than the national average which makes it an attractive option for those looking for a cost-effective place to live.
   Cost of living score
     CategoriesSkillmanNew JerseyUnited States
  131.6119.8100.0
  110.6105.8100
  97.596.9100.0
  197.1136.4100.0
  $826,800$432,100$338,100
  109.5%109.2%100.0%
  140.8127.7100.0
  142.4112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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