Zip 08530 (Lambertville, NJ) Cost of Living


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Lambertville cost of living score
130.5
More expensive
30.5% higher
than the US average
8.9% higher
than the New Jersey average
Lambertville (zip 08530), New Jersey gets a BestPlaces Cost of Living score of 130.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 30.5% higher than the U.S. average and 8.9% lower than the average for New Jersey.

Zip 08530 (Lambertville, NJ)

Housing costs in Lambertville?
A typical home costs $491,300, which is 45.3% more expensive than the national average of $338,100 and 13.7% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Lambertville costs $1,740 per month, which is 1.8% more than the national average of $1,710 and 24.7% cheaper than the state average of $2,170.

Can I afford Lambertville?
To live comfortably in Lambertville (zip 08530), New Jersey, a minimum annual income of $93,960 for a family, and $55,200 for a single person is recommended.

What does A.I. say about Lambertville?
The cost of living in 08530 Lambertville, NJ is relatively high compared to many other parts of the country. The median home price in the area is around $272,500, which is more than twice the median home price in the US as a whole. The median monthly rent for an apartment or house in 08530 is around $1,150, and groceries and utilities are also pricier than average when compared to national averages. Despite these higher costs, many people choose to live in this area due to its picturesque downtown area and access to outdoor recreation.
   Cost of living score
     CategoriesLambertvilleNew JerseyUnited States
  130.5119.8100.0
  106.1105.8100
  93.696.9100.0
  159.1136.4100.0
  $491,300$432,100$338,100
  107.4%109.2%100.0%
  139.7127.7100.0
  143.8112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime