Housing costs in Somerdale?
A typical home costs
$275,500, which is 18.5% less expensive than the national average of
$338,100 and 36.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Somerdale 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 Somerdale?
To live comfortably in Somerdale, New Jersey, a minimum annual income of
$52,920 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Somerdale?
Somerdale, NJ offers an affordable cost of living compared to other cities in the region. The average home price in the area is around $151,000, which makes homes relatively affordable for residents. The median household income in Somerdale is $80,432, making it easier for families to live comfortably on a tight budget. Utility bills are usually lower than other nearby cities and food prices are also competitive – all of which allows residents to enjoy a low cost of living while still benefitting from the many amenities available in this part of New Jersey.