Housing costs in Cumberland?
A typical home costs
$209,000, which is 38.2% less expensive than the national average of
$338,100 and 51.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Cumberland costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 16.3% cheaper than the state average of
$1,710.
Can I afford Cumberland?
To live comfortably in Cumberland New Jer County, New Jersey, a minimum annual income of
$39,960 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Cumberland?
The cost of living in Cumberland, NJ County is significantly lower than the US average. According to the data, residents of Cumberland, NJ County can expect to pay 85.6 on the Cost of Living Index compared to 100 for the US average. This lower cost of living paired with a median house value of $209000 makes Cumberland a great place for those looking for an affordable lifestyle without sacrificing too much in terms of quality of life.