Housing costs in Pemberton?
A typical home costs
$250,300, which is 26.0% less expensive than the national average of
$338,100 and 42.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Pemberton costs
$1,300 per month, which is 9.1% cheaper than the national average of
$1,430 and 31.5% cheaper than the state average of
$1,710.
Can I afford Pemberton?
To live comfortably in Pemberton (zip 08068), New Jersey, a minimum annual income of
$47,880 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Pemberton?
The cost of living in 08068 Pemberton, NJ is generally more expensive than the national average. According to Best Places, the average cost of living index in 08068 is 124.0, which is 24% higher than the national average of 100. Housing prices are particularly high in this area compared to the rest of the United States, and as of 2019, median home prices were $283,300. Utilities are also slightly above the national average; however, groceries and health care tend to be on par with or slightly lower than average. All things considered, 08068 Pemberton has a high cost of living when compared to other areas across the country.