Housing costs in Camden?
A typical home costs
$86,300, which is 74.5% less expensive than the national average of
$338,100 and 80.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Camden costs
$1,300 per month, which is 24.0% cheaper than the national average of
$1,710 and 13.1% cheaper than the state average of
$1,470.
Can I afford Camden?
To live comfortably in Camden (zip 08102), New Jersey, a minimum annual income of
$16,560 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Camden?
The cost of living in 08102 Camden, NJ is relatively high compared to the national average. According to data from BestPlaces, housing costs in Camden are nearly double the US average. The monthly rent for a one-bedroom apartment is estimated at $1,400 and monthly utility bills, such as water and electricity, add an additional $150-200 on top of that. Grocery costs are also above average with the cost of basic food items costing around 25% more than the national average. Although there are no state or local taxes levied on income in New Jersey, residents may find themselves paying higher sales tax because of Camden’s close proximity to Philadelphia. All in all, people looking to live in Camden should expect to pay more than they would elsewhere.