Zip 08084 (Stratford, NJ) Cost of Living


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How much do I need to live in Stratford, New Jersey?
$3,960 / month
for a family, 26.7% less expensive than the national average A total of $47,520 for the year for a family.
$3,333 / month
for a single person, 30.1% less expensive than the national average A total of $40,000 for the year for a single person.

Stratford cost of living score
94.2
Less expensive
5.8% lower
than the US average
21.4% lower
than the New Jersey average
Stratford (zip 08084), New Jersey gets a BestPlaces Cost of Living score of 94.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.8% lower than the U.S. average and 21.4% lower than the average for New Jersey.

Zip 08084 (Stratford, NJ)

Housing costs in Stratford?
A typical home costs $248,800, which is 26.4% less expensive than the national average of $338,100 and 42.4% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Stratford costs $1,210 per month, which is 29.2% cheaper than the national average of $1,710 and 21.5% cheaper than the state average of $1,470.

Can I afford Stratford?
To live comfortably in Stratford (zip 08084), New Jersey, a minimum annual income of $47,520 for a family, and $40,000 for a single person is recommended.

What does A.I. say about Stratford?
The cost of living in 08084 Stratford, NJ is reasonably low compared to other parts of the country. The median home value here is $106,400 which is below the national average of $218,000. The median household income is $54,061 and the unemployment rate is 4.3%, both of which are lower than the national averages. Goods and services in this area are also generally cheaper than elsewhere in the country due to lower taxes and other economic factors. This makes living in Stratford a great option for those looking for an affordable place to settle down and raise a family.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesStratfordNew JerseyUnited States
    Unlock119.8100.0
  103.0  Unlock100.0
    Unlock96.9100.0
  76.4  Unlock100.0
    Unlock$432,100$338,100
  113.0  Unlock100.0
    Unlock127.7100.0
  100.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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