Housing costs in Dover?
A typical home costs
$401,000, which is 18.6% more expensive than the national average of
$338,100 and 7.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Dover costs
$1,800 per month, which is 25.9% more than the national average of
$1,430 and 5.0% more than the state average of
$1,710.
Can I afford Dover?
To live comfortably in Dover, New Jersey, a minimum annual income of
$76,680 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Dover?
The cost of living in Dover, NJ is generally affordable. The median home value is $264,900, which is lower than the national average. The median household income is slightly higher than the national average, and most of the local residents report that their housing costs are within their budgets. Additionally, groceries and other goods tend to be more affordable here compared to other parts of New Jersey. Overall, Dover has a low cost of living compared to many other parts of the state.