Housing costs in Trenton?
A typical home costs
$175,500, which is 48.1% less expensive than the national average of
$338,100 and 59.4% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Trenton costs
$1,600 per month, which is 6.4% cheaper than the national average of
$1,710 and 8.1% cheaper than the state average of
$1,730.
Can I afford Trenton?
To live comfortably in Trenton (zip 08629), New Jersey, a minimum annual income of
$33,480 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Trenton?
The cost of living in 08629 Trenton, NJ can be expensive and is much higher than the national average. The median home value in the area is $126,660, which is significantly higher than the national median of $184,700. Rent is also substantially higher with a 2-bedroom apartment costing an average of $1,450 per month. Groceries and other necessities are also more costly than most other places in the country. Additionally, Trenton has a relatively high sales tax rate at 6.625%, adding to the overall cost of living for residents.