Zip 08690 (Hamilton Square, NJ) Cost of Living


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United States / New Jersey / Trenton-Princeton Metro Area / Mercer County / No City / Hamilton Square (zip 08690)
How much do I need to live in Hamilton Square, New Jersey?
$6,030 / month
for a family, 11.7% more expensive than the national average A total of $72,360 for the year for a family.
$4,800 / month
for a single person, 0.7% more expensive than the national average A total of $57,600 for the year for a single person.

Hamilton Square cost of living score
104.6
More expensive
4.6% higher
than the US average
12.7% lower
than the New Jersey average
Hamilton Square (zip 08690), New Jersey gets a BestPlaces Cost of Living score of 104.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.6% higher than the U.S. average and 12.7% higher than the average for New Jersey.

Zip 08690 (Hamilton Square, NJ)

Housing costs in Hamilton Square?
A typical home costs $377,800, which is 11.7% more expensive than the national average of $338,100 and 12.6% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Hamilton Square costs $1,880 per month, which is 31.5% more than the national average of $1,430 and 9.0% more than the state average of $1,710.

Can I afford Hamilton Square?
To live comfortably in Hamilton Square (zip 08690), New Jersey, a minimum annual income of $72,360 for a family, and $57,600 for a single person is recommended.

What does A.I. say about Hamilton Square?
The cost of living in 08690 Hamilton Square, NJ is quite high compared to other parts of the country. The median home value in 08690 is approximately $460,000, which is significantly higher than the national average of $180,000. Additionally, the median household income for the zip code is also higher than average at $83,753. You can expect to pay a premium for basic services such as groceries and utilities as well. All these factors together make it an expensive place to live in comparison to most other cities and towns around the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHamilton SquareNew JerseyUnited States
    Unlock119.8100.0
  106.4  Unlock100.0
    Unlock96.9100.0
  113.5  Unlock100.0
    Unlock$432,100$338,100
  114.1  Unlock100.0
    Unlock127.7100.0
  125.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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