Zip 08648 (Trenton, NJ) Cost of Living


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How much do I need to live in Trenton, New Jersey?
$5,790 / month
for a family, 7.2% more expensive than the national average A total of $69,480 for the year for a family.
$5,767 / month
for a single person, 21.0% more expensive than the national average A total of $69,200 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 08648), 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 08648 (Trenton, NJ)

Housing costs in Trenton?
A typical home costs $363,400, which is 7.5% more expensive than the national average of $338,100 and 15.9% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Trenton costs $2,270 per month, which is 58.7% more than the national average of $1,430 and 24.7% more than the state average of $1,710.

Can I afford Trenton?
To live comfortably in Trenton (zip 08648), New Jersey, a minimum annual income of $69,480 for a family, and $69,200 for a single person is recommended.

What does A.I. say about Trenton?
equestId:5b11a543-f83b-4ec9-83ae-38ef4eda3cca,resource:content,data:[{id:txt_0bff6f5004864daaacb07d189fc48d65,text:\n \nThe cost of living in 08648 Trenton, NJ is relatively low compared to nearby cities. Housing costs are particularly affordable, with the median home price being around $120,000 and average monthly rent for a two-bedroom apartment being only around $1000. Utilities are also quite affordable, with electricity costing about $75 per month on average. Groceries and other everyday items are also reasonably priced. Overall, 08648 Trenton, NJ is an excellent place to live for those looking for an affordable lifestyle while still having access to the amenities of a major city.
   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
  106.1  Unlock100.0
    Unlock96.9100.0
  108.3  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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