Zip 08628 (Trenton, NJ) Cost of Living


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How much do I need to live in Trenton, New Jersey?
$5,160 / month
for a family, 4.4% less expensive than the national average A total of $61,920 for the year for a family.
$4,600 / month
for a single person, 3.5% less expensive than the national average A total of $55,200 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 08628), 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 08628 (Trenton, NJ)

Housing costs in Trenton?
A typical home costs $322,800, which is 4.5% less expensive than the national average of $338,100 and 25.3% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Trenton costs $1,820 per month, which is 27.3% more than the national average of $1,430 and 6.0% more than the state average of $1,710.

Can I afford Trenton?
To live comfortably in Trenton (zip 08628), New Jersey, a minimum annual income of $61,920 for a family, and $55,200 for a single person is recommended.

What does A.I. say about Trenton?
Living in 08628 Trenton, NJ is relatively affordable compared to other major cities in the United States. The estimated cost of living index for this area is about 15 percent lower than the national average. This means that basic necessities like housing, food, transportation and healthcare are generally more affordable than they would be elsewhere. Renting an apartment or home in 08628 Trenton will likely cost less than other areas of New Jersey and the United States as a whole. Groceries, fuel and medical costs are also below average for this region. Overall, living in 08628 Trenton is relatively affordable when compared to other US cities.
   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
  104.3  Unlock100.0
    Unlock96.9100.0
  100.8  Unlock100.0
    Unlock$432,100$338,100
  113.5  Unlock100.0
    Unlock127.7100.0
  125.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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