Zip 08067 (Pedricktown, NJ) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Pedricktown, New Jersey?
$4,230 / month
for a family, 21.7% less expensive than the national average A total of $50,760 for the year for a family.
$4,600 / month
for a single person, 3.5% less expensive than the national average A total of $55,200 for the year for a single person.

Pedricktown cost of living score
91.9
Less expensive
8.1% lower
than the US average
23.3% lower
than the New Jersey average
Pedricktown (zip 08067), New Jersey gets a BestPlaces Cost of Living score of 91.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.1% lower than the U.S. average and 23.3% lower than the average for New Jersey.

Zip 08067 (Pedricktown, NJ)

Housing costs in Pedricktown?
A typical home costs $265,200, which is 21.6% less expensive than the national average of $338,100 and 38.6% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Pedricktown 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 Pedricktown?
To live comfortably in Pedricktown (zip 08067), New Jersey, a minimum annual income of $50,760 for a family, and $55,200 for a single person is recommended.

What does A.I. say about Pedricktown?
The cost of living in 08067 Pedricktown, NJ is slightly higher than the national average, but still relatively affordable. The median home value is $182,800, which is significantly lower than neighboring cities. The median household income is also moderately higher than the national average at approximately $63,000. In terms of utilities and taxes, Pedricktown residents pay an average of 6 percent in total state taxes. Additionally, electricity costs are generally lower than the national average due to the abundance of natural gas in the area. For groceries and dining out, prices are slightly above average. Overall, living in 08067 Pedricktown is a relatively affordable option for those looking to purchase a home or relocate to the area.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPedricktownNew JerseyUnited States
    Unlock119.8100.0
  102.4  Unlock100.0
    Unlock96.9100.0
  80.4  Unlock100.0
    Unlock$432,100$338,100
  111.1  Unlock100.0
    Unlock127.7100.0
  100.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.