Zip 08608 (Trenton, NJ) Cost of Living


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Trenton cost of living score
104.6
More expensive
4.6% higher
than the US average
12.7% lower
than the New Jersey average
Trenton (zip 08608), New Jersey gets a BestPlaces Cost of Living score of 104.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.6% higher than the U.S. average and 12.7% higher than the average for New Jersey.

Zip 08608 (Trenton, NJ)

Housing costs in Trenton?
A typical home costs $164,700, which is 51.3% less expensive than the national average of $338,100 and 61.9% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Trenton costs $1,520 per month, which is 11.1% cheaper than the national average of $1,710 and 13.8% cheaper than the state average of $1,730.

Can I afford Trenton?
To live comfortably in Trenton (zip 08608), New Jersey, a minimum annual income of $31,680 for a family, and $46,400 for a single person is recommended.

What does A.I. say about Trenton?
08608 Trenton, NJ is known to be an affordable place to live due to its low cost of living. The overall cost of living index in 08608 is 19.8% lower than the national average, making it a great place for those looking for an affordable place to call home. Housing costs are especially low, with the median home price coming in at around $97,000 and the median rent at around $900 per month. Additionally, groceries and healthcare costs tend to be lower than the national average as well. All these factors combined make 08608 a great location for anyone looking to save money on their everyday expenses while still enjoying all the amenities that come with living in a larger city like Trenton.
   Cost of living score
     CategoriesTrentonNew JerseyUnited States
  104.6119.8100.0
  96105.8100
  97.496.9100.0
  38.4136.4100.0
  $164,700$432,100$338,100
  113.5%109.2%100.0%
  110.0127.7100.0
  125.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime