Housing costs in Gibbstown?
A typical home costs
$242,300, which is 28.3% less expensive than the national average of
$338,100 and 43.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Gibbstown costs
$1,420 per month, which is 0.7% cheaper than the national average of
$1,430 and 20.4% cheaper than the state average of
$1,710.
Can I afford Gibbstown?
To live comfortably in Gibbstown (zip 08027), New Jersey, a minimum annual income of
$46,440 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Gibbstown?
The cost of living in 08027 Gibbstown, NJ is quite reasonable compared to other areas in the state. According to BestPlaces, the cost of living index for this zip code is 85.4, which is lower than the US average of 100. The overall cost of groceries and restaurants in this area is 13% lower than the national average, and housing costs are approximately 12% lower than the national average. Transportation costs are also slightly lower than the US average, making it an attractive option for individuals looking to experience a more affordable lifestyle while still having access to all that New Jersey has to offer.