Cost of Living in Zip 07823 (Belvidere, NJ)

The cost of living in 07823 Belvidere, NJ is relatively low compared to other parts of the country. According to the most recent data from Sperling's Best Places, Belvidere has an overall cost of living index of 87.7 which is significantly lower than the national average of 100. The cost for housing is also considerably lower than other locations, with a median home value in 2019 sitting at around $170,000. Additionally, groceries and health care are both more affordable in Belvidere as well. All in all, living in Belvidere can make for an inexpensive lifestyle and a smart financial decision.

Our cost of living indices are based on a US average of 100. An amount below 100 means Belvidere (zip 07823) is cheaper than the US average. A cost of living index above 100 means Belvidere (zip 07823), New Jersey is more expensive.

Belvidere (zip 07823) cost of living is 103.0