Zip 08007 (Barrington, NJ) Cost of Living


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Barrington cost of living score
94.2
Less expensive
5.8% lower
than the US average
21.4% lower
than the New Jersey average
Barrington (zip 08007), New Jersey gets a BestPlaces Cost of Living score of 94.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% lower than the U.S. average and 21.4% lower than the average for New Jersey.

Zip 08007 (Barrington, NJ)

Housing costs in Barrington?
A typical home costs $257,600, which is 23.8% less expensive than the national average of $338,100 and 40.4% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Barrington costs $1,130 per month, which is 33.9% cheaper than the national average of $1,710 and 30.1% cheaper than the state average of $1,470.

Can I afford Barrington?
To live comfortably in Barrington (zip 08007), New Jersey, a minimum annual income of $49,320 for a family, and $37,200 for a single person is recommended.

What does A.I. say about Barrington?
The cost of living in 08007 Barrington, NJ is relatively high due to its close proximity to major cities like Philadelphia and New York. The median home value is $294,400 with a median rental rate of $1,467 per month. The average household income is above the national average at $93,972 with an unemployment rate well below the national average at just 4.3%. Overall, 08007 Barrington, NJ can be an expensive place to live but offers a high quality of life with many amenities and job opportunities nearby.
   Cost of living score
     CategoriesBarringtonNew JerseyUnited States
  94.2119.8100.0
  102.9105.8100
  95.196.9100.0
  76.4136.4100.0
  $257,600$432,100$338,100
  118.5%109.2%100.0%
  94.6127.7100.0
  100.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime