Housing costs in Spotswood?
A typical home costs
$405,400, which is 19.9% more expensive than the national average of
$338,100 and 6.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Spotswood costs
$1,710 per month, which is 0.0% cheaper than the national average of
$1,710 and 26.9% cheaper than the state average of
$2,170.
Can I afford Spotswood?
To live comfortably in Spotswood (zip 08884), New Jersey, a minimum annual income of
$77,760 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Spotswood?
The cost of living in 08884 Spotswood, NJ is relatively low compared to other areas of the state. The median home value is $240,000 and the median rental price is $1,425 per month which are both below the national average. The cost of groceries and utilities are also below the national average making this a great place to live for someone looking for an affordable neighborhood. Additionally, the property taxes are lower than many surrounding areas which makes it a desirable location when balancing budget constraints.