Zip 08090 (Oak Valley, NJ) Cost of Living


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Oak Valley cost of living score
100.9
More expensive
0.9% higher
than the US average
15.8% lower
than the New Jersey average
Oak Valley (zip 08090), 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 08090 (Oak Valley, NJ)

Housing costs in Oak Valley?
A typical home costs $282,100, which is 16.6% less expensive than the national average of $338,100 and 34.7% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Oak Valley costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 2.4% cheaper than the state average of $1,710.

Can I afford Oak Valley?
To live comfortably in Oak Valley (zip 08090), New Jersey, a minimum annual income of $54,000 for a family, and $55,200 for a single person is recommended.

What does A.I. say about Oak Valley?
The cost of living in 08090 Oak Valley, NJ is quite high when compared to the national average. The median home price is approximately $338,000, which is significantly higher than the national median of $184,700. Additionally, costs for goods and services are also above average. Groceries and health care are particularly costly due to the area's close proximity to Philadelphia. While the area does have some charm, with its quaint shops and local businesses, those looking for affordable living may want to look elsewhere.
   Cost of living score
     CategoriesOak ValleyNew JerseyUnited States
  100.9119.8100.0
  102.9105.8100
  93.596.9100.0
  78.5136.4100.0
  $282,100$432,100$338,100
  113.0%109.2%100.0%
  115.1127.7100.0
  102.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime