Housing costs in Palmyra?
A typical home costs
$235,200, which is 30.4% less expensive than the national average of
$338,100 and 45.6% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Palmyra costs
$1,710 per month, which is 0.0% cheaper than the national average of
$1,710 and 14.0% more than the state average of
$1,470.
Can I afford Palmyra?
To live comfortably in Palmyra (zip 08065), New Jersey, a minimum annual income of
$45,000 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about Palmyra?
The cost of living in 08065 Palmyra, NJ is higher than the national average. According to Best Places, the median home value in 08065 is $231,800 which is substantially more than the national median home value of $184,700. In addition, the estimated median household income in 08065 is $78,637 which is also significantly higher than the national estimated median household income of $61,937. The cost of living index for Palmyra is 132.3 compared to the U.S. average of 100, indicating that it has a slightly higher-than-average cost of living overall.