Zip 08344 (Newfield, NJ) Cost of Living


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with insight into cost of living, crime, climate, and more.
How much do I need to live in Newfield, New Jersey?
$4,020 / month
for a family, 25.6% less expensive than the national average A total of $48,240 for the year for a family.
$4,933 / month
for a single person, 3.5% more expensive than the national average A total of $59,200 for the year for a single person.

Newfield cost of living score
100.9
More expensive
0.9% higher
than the US average
15.8% lower
than the New Jersey average
Newfield (zip 08344), New Jersey gets a BestPlaces Cost of Living score of 100.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.9% higher than the U.S. average and 15.8% higher than the average for New Jersey.

Zip 08344 (Newfield, NJ)

Housing costs in Newfield?
A typical home costs $252,700, which is 25.3% less expensive than the national average of $338,100 and 41.5% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Newfield costs $1,780 per month, which is 24.5% more than the national average of $1,430 and 3.9% more than the state average of $1,710.

Can I afford Newfield?
To live comfortably in Newfield (zip 08344), New Jersey, a minimum annual income of $48,240 for a family, and $59,200 for a single person is recommended.

What does A.I. say about Newfield?
Living in 08344 Newfield, NJ is quite affordable. The median home value in the area is $181,400 which is considerably lower than the median US home value of $229,000. In addition, the median household income is slightly lower than the national average of $61,937 at $60,679. It also has a low cost of living index rating of 91.5 which means that it's 9.5% cheaper to live in Newfield than anywhere else in the country. All these factors make 08344 Newfield, NJ a great option for those looking for an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNewfieldNew JerseyUnited States
    Unlock119.8100.0
  102.5  Unlock100.0
    Unlock96.9100.0
  70.7  Unlock100.0
    Unlock$432,100$338,100
  110.8  Unlock100.0
    Unlock127.7100.0
  102.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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