Zip 08323 (Greenwich, NJ) Cost of Living


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Greenwich cost of living score
85.6
Less expensive
14.4% lower
than the US average
28.5% lower
than the New Jersey average
Greenwich (zip 08323), New Jersey gets a BestPlaces Cost of Living score of 85.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.4% lower than the U.S. average and 28.5% lower than the average for New Jersey.

Zip 08323 (Greenwich, NJ)

Housing costs in Greenwich?
A typical home costs $237,000, which is 29.9% less expensive than the national average of $338,100 and 45.2% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Greenwich costs $1,580 per month, which is 10.5% more than the national average of $1,430 and 8.2% cheaper than the state average of $1,710.

Can I afford Greenwich?
To live comfortably in Greenwich (zip 08323), New Jersey, a minimum annual income of $45,360 for a family, and $49,200 for a single person is recommended.

What does A.I. say about Greenwich?
The cost of living in 08323 Greenwich, NJ is considerably high compared to the national average. Housing prices are especially expensive, with the median home value coming in at over $200,000. Utilities, groceries and other essentials also come at a premium, with prices being significantly higher than the national average. Despite the higher costs, residents of 08323 can take advantage of its close proximity to Philadelphia and New York City, as well as its numerous recreational activities and stunning views of the Delaware Bay.
   Cost of living score
     CategoriesGreenwichNew JerseyUnited States
  85.6119.8100.0
  102.7105.8100
  97.396.9100.0
  61.9136.4100.0
  $237,000$432,100$338,100
  111.7%109.2%100.0%
  99.5127.7100.0
  96.5112.5100.0

   100=National Average

   Average Rent by Bedroom Size
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