Housing costs in Wharton?
A typical home costs
$381,000, which is 12.7% more expensive than the national average of
$338,100 and 11.8% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Wharton costs
$1,930 per month, which is 35.0% more than the national average of
$1,430 and 11.4% more than the state average of
$1,710.
Can I afford Wharton?
To live comfortably in Wharton, New Jersey, a minimum annual income of
$73,080 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Wharton?
The cost of living in Wharton, NJ is generally quite reasonable. According to the US Cost of Living Index, Wharton has an index rating of 91.2, which is lower than the national average and indicates that prices are relatively low compared to other cities. Housing costs are especially affordable in Wharton, with median home prices sitting well below both state and national averages. Rental rates remain fairly steady throughout the year as well. Other expenses like utilities, groceries, and transportation are also low-cost options, making it an attractive option for people looking for an affordable place to live in New Jersey.