Housing costs in Trenton-Princeton?
A typical home costs
$344,600, which is 1.9% more expensive than the national average of
$338,100 and 20.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Trenton-Princeton costs
$1,730 per month, which is 21.0% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Trenton-Princeton?
To live comfortably in Trenton-Princeton New Jer Metro Area, New Jersey, a minimum annual income of
$65,880 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Trenton-Princeton?
The cost of living in Trenton, NJ Metro Area is 5.4 percent higher than the US average Cost of Living. Despite having a house median value that’s slightly lower than the national average, Trenton still has a higher cost of living compared to other areas in the United States. This increase in the cost of living means residents will need to pay more for housing, transportation, and other basic necessities than they would elsewhere in the US.