Zip 08086 (Thorofare, NJ) Cost of Living


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How much do I need to live in Thorofare, New Jersey?
$4,470 / month
for a family, 17.2% less expensive than the national average A total of $53,640 for the year for a family.
$4,900 / month
for a single person, 2.8% more expensive than the national average A total of $58,800 for the year for a single person.

Thorofare cost of living score
100.9
More expensive
0.9% higher
than the US average
15.8% lower
than the New Jersey average
Thorofare (zip 08086), New Jersey gets a BestPlaces Cost of Living score of 100.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.9% higher than the U.S. average and 15.8% higher than the average for New Jersey.

Zip 08086 (Thorofare, NJ)

Housing costs in Thorofare?
A typical home costs $280,800, which is 16.9% less expensive than the national average of $338,100 and 35.0% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Thorofare costs $1,770 per month, which is 23.8% more than the national average of $1,430 and 3.4% more than the state average of $1,710.

Can I afford Thorofare?
To live comfortably in Thorofare (zip 08086), New Jersey, a minimum annual income of $53,640 for a family, and $58,800 for a single person is recommended.

What does A.I. say about Thorofare?
The cost of living in 08086 Thorofare, NJ is quite high. The median home price is around $400,000 and the average rent for a two-bedroom apartment is approximately $1,500 per month. Prices for groceries and other everyday necessities can also be more expensive than other areas. Additionally, due to the small population size, there are limited job opportunities available in Thorofare and surrounding areas which can make it difficult for some to make ends meet. However, there are several local businesses that provide goods and services at competitive prices that can help offset the cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesThorofareNew JerseyUnited States
    Unlock119.8100.0
  103.2  Unlock100.0
    Unlock96.9100.0
  83.2  Unlock100.0
    Unlock$432,100$338,100
  112.1  Unlock100.0
    Unlock127.7100.0
  102.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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