Housing costs in Gloucester?
A typical home costs
$293,100, which is 13.3% less expensive than the national average of
$338,100 and 32.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Gloucester 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 Gloucester?
To live comfortably in Gloucester New Jer County, New Jersey, a minimum annual income of
$56,160 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Gloucester?
Living in Gloucester, NJ County can be an affordable option when compared to other parts of the United States. The median value of a house in Gloucester is around $293,100 which is lower than the national average of $338,100. Additionally, the cost of living in Gloucester is also below the US average at 100.9. This means that residents can enjoy a high quality of life without having to pay premium prices for housing and other goods and services.