Zip 08515 (Chesterfield, NJ) Cost of Living


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Chesterfield cost of living score
104.9
More expensive
4.9% higher
than the US average
12.4% lower
than the New Jersey average
Chesterfield (zip 08515), New Jersey gets a BestPlaces Cost of Living score of 104.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.9% higher than the U.S. average and 12.4% higher than the average for New Jersey.

Zip 08515 (Chesterfield, NJ)

Housing costs in Chesterfield?
A typical home costs $548,300, which is 62.2% more expensive than the national average of $338,100 and 26.9% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Chesterfield costs $2,100 per month, which is 46.9% more than the national average of $1,430 and 18.6% more than the state average of $1,710.

Can I afford Chesterfield?
To live comfortably in Chesterfield (zip 08515), New Jersey, a minimum annual income of $105,120 for a family, and $69,600 for a single person is recommended.

What does A.I. say about Chesterfield?
The cost of living in 08515 Chesterfield, NJ is generally higher than the national average. The area has a median household income that is almost twice the national average, making it one of the most expensive places to live in New Jersey. Housing prices have risen steadily over the years and are now some of the highest in the state. Groceries, transportation, health care, and other goods and services are all slightly more expensive than average as well. Although it may be costly to live in Chesterfield, NJ, its rich cultural offerings and tight-knit community make it an excellent place to call home.
   Cost of living score
     CategoriesChesterfieldNew JerseyUnited States
  104.9119.8100.0
  110.5105.8100
  96.496.9100.0
  169.8136.4100.0
  $548,300$432,100$338,100
  105.5%109.2%100.0%
  121.8127.7100.0
  117.9112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime