Housing costs in Linwood?
A typical home costs
$364,000, which is 7.7% more expensive than the national average of
$338,100 and 15.8% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Linwood costs
$2,370 per month, which is 38.6% more than the national average of
$1,710 and 33.3% more than the state average of
$1,580.
Can I afford Linwood?
To live comfortably in Linwood (zip 08221), New Jersey, a minimum annual income of
$69,840 for a family, and
$75,600 for a single person is recommended.
What does A.I. say about Linwood?
The cost of living in 08221 Linwood, NJ is considered to be average compared to other cities and towns in the US. The median home value here is $270,300 according to Zillow, which is slightly above the national median of $229,700. Renters can expect prices higher than the national average with a median rent price of $1,965. The cost of utilities is also more expensive than many other areas with an average monthly bill of about $175 for electricity alone. Although the cost of living may be above average, there are many benefits that come with living in this area such as access to great schools, close proximity to major cities, and lower crime rates than many other places.