
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.