Housing costs in Tewksbury?
A typical home costs
$789,000, which is 133.4% more expensive than the national average of
$338,100 and 82.6% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Tewksbury costs
$2,000 per month, which is 39.9% more than the national average of
$1,430 and 14.5% more than the state average of
$1,710.
Can I afford Tewksbury?
To live comfortably in Tewksbury, New Jersey, a minimum annual income of
$151,200 for a family, and
$63,200 for a single person is recommended.
What does A.I. say about Tewksbury?
The cost of living in Tewksbury, NJ is relatively affordable compared to other areas of the state. The median home value in Tewksbury is approximately $599,000, and the median rent for a one-bedroom apartment averages around $1,450 per month. On average, groceries and other essential items are slightly higher than the national average, but overall they remain fairly affordable. In addition to this, utility costs are also relatively low due to the milder climate found in the area. All these factors make Tewksbury an attractive option for those looking for an affordable place to live in New Jersey.