Zip 08104 (Camden, NJ) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Camden cost of living score
94.2
Less expensive
5.8% lower
than the US average
21.4% lower
than the New Jersey average
Camden (zip 08104), 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 08104 (Camden, NJ)

Housing costs in Camden?
A typical home costs $85,000, which is 74.9% less expensive than the national average of $338,100 and 80.3% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Camden costs $1,220 per month, which is 28.7% cheaper than the national average of $1,710 and 20.5% cheaper than the state average of $1,470.

Can I afford Camden?
To live comfortably in Camden (zip 08104), New Jersey, a minimum annual income of $16,200 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Camden?
Living in 08104 Camden, NJ can be affordable, depending on your lifestyle and budget. Housing is relatively inexpensive compared to other cities in the state, with the median home value of $76,500. Renting a studio apartment in the area generally costs between $650 and $1,000 per month. Transportation costs are also low as public transportation throughout Camden is free for county residents. Grocery stores are plentiful in the area and offer competitive prices on fresh produce and everyday items. All these factors make living in 08104 Camden, NJ an economical option for many people looking for an affordable place to live.
   Cost of living score
     CategoriesCamdenNew JerseyUnited States
  94.2119.8100.0
  97.8105.8100
  95.196.9100.0
  23.0136.4100.0
  $85,000$432,100$338,100
  113.8%109.2%100.0%
  99.7127.7100.0
  100.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime