Housing costs in Hammonton?
A typical home costs
$290,000, which is 14.2% less expensive than the national average of
$338,100 and 32.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hammonton costs
$1,520 per month, which is 11.1% cheaper than the national average of
$1,710 and 3.9% cheaper than the state average of
$1,580.
Can I afford Hammonton?
To live comfortably in Hammonton (zip 08037), New Jersey, a minimum annual income of
$55,440 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Hammonton?
The cost of living in 08037 Hammonton, NJ is quite affordable compared to other parts of New Jersey. The median home value in 08037 is $217,000, and the median rent price is $1,441, making it an attractive option for those looking for a more budget-friendly place to live. Additionally, groceries, utilities, and transportation expenses are all lower than the national average. Overall, Hammonton offers residents a high quality of life at an affordable price point.