Zip 08618 (Trenton, NJ) Cost of Living


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How much do I need to live in Trenton, New Jersey?
$2,820 / month
for a family, 47.8% less expensive than the national average A total of $33,840 for the year for a family.
$3,733 / month
for a single person, 21.7% less expensive than the national average A total of $44,800 for the year for a single person.

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 08618), 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 08618 (Trenton, NJ)

Housing costs in Trenton?
A typical home costs $177,200, which is 47.6% less expensive than the national average of $338,100 and 59.0% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Trenton costs $1,460 per month, which is 14.6% cheaper than the national average of $1,710 and 18.5% cheaper than the state average of $1,730.

Can I afford Trenton?
To live comfortably in Trenton (zip 08618), New Jersey, a minimum annual income of $33,840 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Trenton?
The cost of living in 08618 Trenton, NJ is relatively low compared to other parts of the state. Rent and utilities in the area are reasonably priced and are generally cheaper than in larger cities like Newark or Jersey City. The median home value in 08618 is $173,099, which is lower than the national average, making it an attractive option for those looking to buy a house in the area. Groceries, transportation costs, and healthcare services are also reasonable. Overall, 08618 Trenton offers a great quality of life at an affordable price.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesTrentonNew JerseyUnited States
    Unlock119.8100.0
  101.7  Unlock100.0
    Unlock96.9100.0
  51.4  Unlock100.0
    Unlock$432,100$338,100
  115.1  Unlock100.0
    Unlock127.7100.0
  125.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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