Cranford township, NJ Cost of Living


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Cranford township cost of living score
129.5
More expensive
29.5% higher
than the US average
8.1% higher
than the New Jersey average
Cranford township, New Jersey gets a BestPlaces Cost of Living score of 129.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.5% higher than the U.S. average and 8.1% lower than the average for New Jersey.

Cranford township, NJ

Housing costs in Cranford township?
A typical home costs $581,500, which is 72.0% more expensive than the national average of $338,100 and 34.6% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Cranford township costs $2,120 per month, which is 48.3% more than the national average of $1,430 and 19.3% more than the state average of $1,710.

Can I afford Cranford township?
To live comfortably in Cranford township, New Jersey, a minimum annual income of $111,240 for a family, and $70,800 for a single person is recommended.

What does A.I. say about Cranford township?
The cost of living in Cranford, NJ is considerably higher than the US average. According to data from the US Census Bureau, the median value of a house in Cranford, NJ is $581,500 compared to the national average of $338,100. Additionally, the cost of living index for Cranford is 140.7 which is significantly higher than the national average of 100. This means that residents in Cranford can expect to pay more for goods and services than those who live elsewhere in the US.
   Cost of living score
     CategoriesCranford townshipNew JerseyUnited States
  129.5119.8100.0
  107.2105.8100
  97.596.9100.0
  194.7136.4100.0
  $581,500$432,100$338,100
  104.9%109.2%100.0%
  142.8127.7100.0
  110.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Cranford township
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I came here to raise a family because of the public schools which are very good. Other criteria, low crime, low dirt, home values stable and appreciating 7-10%  More

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Over 14 years ago

This is a very safe town and the people are very  More

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