Housing costs in Cherry Hill?
A typical home costs
$380,700, which is 12.6% more expensive than the national average of
$338,100 and 11.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Cherry Hill 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 Cherry Hill?
To live comfortably in Cherry Hill, New Jersey, a minimum annual income of
$73,080 for a family, and
$66,400 for a single person is recommended.
What does A.I. say about Cherry Hill?
Cherry Hill, NJ is an affluent suburban community located near Philadelphia. Home prices tend to range between $290-320k while rental costs hover around the $1,400 mark. Despite its higher housing costs, Cherry Hill offers potential savings on other living expenses such as groceries which can be roughly 20% lower than state averages here. Dining options are plentiful and it's a great place for families looking for quality schools and services without breaking the bank.