Housing costs in Trenton?
A typical home costs
$507,400, which is 50.1% more expensive than the national average of
$338,100 and 17.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Trenton costs
$2,330 per month, which is 62.9% more than the national average of
$1,430 and 26.6% more than the state average of
$1,710.
Can I afford Trenton?
To live comfortably in Trenton (zip 08691), New Jersey, a minimum annual income of
$97,200 for a family, and
$70,800 for a single person is recommended.
What does A.I. say about Trenton?
The cost of living in 08691 Trenton, NJ is quite reasonable. According to BestPlaces, the cost of living index for Trenton is estimated to be around 85.2, which is 15.8% lower than the United States average. Additionally, the rent index in Trenton is estimated to be 66.5, while the US average rent index stands at 100. This means that rents in Trenton are significantly lower than the national average. Furthermore, groceries and restaurant meal costs are also relatively inexpensive when compared to other cities in New Jersey and across the nation. All in all, 08691 Trenton offers a great balance between quality of life and affordability for its residents.