Zip 08096 (Blackwood Ter, NJ) Cost of Living


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Blackwood Ter cost of living score
100.9
More expensive
0.9% higher
than the US average
15.8% lower
than the New Jersey average
Blackwood Ter (zip 08096), New Jersey gets a BestPlaces Cost of Living score of 100.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.9% higher than the U.S. average and 15.8% higher than the average for New Jersey.

Zip 08096 (Blackwood Ter, NJ)

Housing costs in Blackwood Ter?
A typical home costs $253,200, which is 25.1% less expensive than the national average of $338,100 and 41.4% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Blackwood Ter costs $1,620 per month, which is 13.3% more than the national average of $1,430 and 5.6% cheaper than the state average of $1,710.

Can I afford Blackwood Ter?
To live comfortably in Blackwood Ter (zip 08096), New Jersey, a minimum annual income of $48,600 for a family, and $53,600 for a single person is recommended.

What does A.I. say about Blackwood Ter?
The cost of living in 08096 Blackwood Ter, NJ is relatively high compared to the national average. The median home value in this area is around $313,300 according to recent real estate data, which is quite a bit more expensive than the American median home price of $196,500 as reported by Zillow. Additionally, the median household income in this area is $73,521 which is considerably higher than the national average of $51,939 as reported by the US Census Bureau. With these factors considered, it's easy to see why the cost of living in 08096 Blackwood Ter, NJ can be quite high.
   Cost of living score
     CategoriesBlackwood TerNew JerseyUnited States
  100.9119.8100.0
  103105.8100
  93.596.9100.0
  75.6136.4100.0
  $253,200$432,100$338,100
  112.1%109.2%100.0%
  110.7127.7100.0
  102.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime