Housing costs in Phillipsburg?
A typical home costs
$257,900, which is 23.7% less expensive than the national average of
$338,100 and 40.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Phillipsburg costs
$1,440 per month, which is 0.7% more than the national average of
$1,430 and 18.8% cheaper than the state average of
$1,710.
Can I afford Phillipsburg?
To live comfortably in Phillipsburg, New Jersey, a minimum annual income of
$49,320 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Phillipsburg?
Phillipsburg, NJ has an overall cost of living that is slightly lower than the national average. The median home cost in Phillipsburg is $183,900, which is substantially lower than the national median price of $229,700. Utilities in Phillipsburg are also relatively cheap compared to other cities and towns in the area, with an average monthly cost of $164.92 for electricity, natural gas, water and garbage services. Other costs such as food and transportation in Phillipsburg also remain on the lower end when compared to other places. All these factors make Phillipsburg a very attractive place to live due to its low cost of living.