Housing costs in Pennsville?
A typical home costs
$134,900, which is 60.1% less expensive than the national average of
$338,100 and 68.8% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Pennsville costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and 4.3% cheaper than the state average of
$1,710.
Can I afford Pennsville?
To live comfortably in Pennsville (zip 08023), New Jersey, a minimum annual income of
$25,920 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Pennsville?
The cost of living in 08023 Pennsville, NJ is relatively low compared to the rest of the country. According to data from BestPlaces, the cost of living index is at 82.7, which is 18.3% lower than the national average and significantly cheaper than nearby cities such as Philadelphia and New York City. The median home value in Pennsville is $127,200 and the median rent is $937 per month. Additionally, residents in Pennsville benefit from a lower-than-average unemployment rate. Overall, Pennsville has an affordable cost of living that makes it attractive for families looking to settle down and enjoy a peaceful lifestyle away from the hustle and bustle of big cities.