Andover township, NJ Cost of Living


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Andover township cost of living score
115
More expensive
15.0% higher
than the US average
4.0% lower
than the New Jersey average
Andover township, New Jersey gets a BestPlaces Cost of Living score of 115, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% higher than the U.S. average and 4.0% higher than the average for New Jersey.

Andover township, NJ

Housing costs in Andover township?
A typical home costs $414,000, which is 22.4% more expensive than the national average of $338,100 and 4.2% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Andover township costs $1,490 per month, which is 4.2% more than the national average of $1,430 and 14.8% cheaper than the state average of $1,710.

Can I afford Andover township?
To live comfortably in Andover township, New Jersey, a minimum annual income of $79,200 for a family, and $49,600 for a single person is recommended.

What does A.I. say about Andover township?
The cost of living in Andover, NJ is fairly reasonable compared to other areas in the state. The median home price is $350,000 and the median rent is around $1,400 for a one-bedroom apartment. Food and fuel prices are comparable to other areas in the area while utilities like water and electricity are slightly lower than average. Overall, the cost of living in Andover is quite reasonable and affordable for most people.
   Cost of living score
     CategoriesAndover townshipNew JerseyUnited States
  115.0119.8100.0
  103.9105.8100
  99.196.9100.0
  149.4136.4100.0
  $414,000$432,100$338,100
  101.1%109.2%100.0%
  142.5127.7100.0
  116.1112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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