Housing costs in Camden?
A typical home costs
$90,600, which is 73.2% less expensive than the national average of
$338,100 and 79.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Camden costs
$1,330 per month, which is 22.2% cheaper than the national average of
$1,710 and 10.5% cheaper than the state average of
$1,470.
Can I afford Camden?
To live comfortably in Camden (zip 08103), New Jersey, a minimum annual income of
$17,280 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Camden?
The cost of living in 08103 Camden, NJ is quite high compared to other cities. According to BestPlaces, it ranks as the 83rd most expensive city in the US with a cost of living index of 107.7 and an overall score of 65.9. Rent prices are especially steep; a one-bedroom apartment will typically run you around $1,000 while a three-bedroom averages at around $1,400. Groceries and transportation are slightly more affordable, but utility costs can be quite high due to the area's aging infrastructure. Although Camden does offer many job opportunities and attractions, its high cost of living definitely makes it less attractive than other places.