Zip 08098 (Woodstown, NJ) Cost of Living


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How much do I need to live in Woodstown, New Jersey?
$4,890 / month
for a family, 9.4% less expensive than the national average A total of $58,680 for the year for a family.
$3,800 / month
for a single person, 20.3% less expensive than the national average A total of $45,600 for the year for a single person.

Woodstown cost of living score
91.9
Less expensive
8.1% lower
than the US average
23.3% lower
than the New Jersey average
Woodstown (zip 08098), New Jersey gets a BestPlaces Cost of Living score of 91.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.1% lower than the U.S. average and 23.3% lower than the average for New Jersey.

Zip 08098 (Woodstown, NJ)

Housing costs in Woodstown?
A typical home costs $306,900, which is 9.2% less expensive than the national average of $338,100 and 29.0% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Woodstown costs $1,370 per month, which is 4.2% cheaper than the national average of $1,430 and 24.8% cheaper than the state average of $1,710.

Can I afford Woodstown?
To live comfortably in Woodstown (zip 08098), New Jersey, a minimum annual income of $58,680 for a family, and $45,600 for a single person is recommended.

What does A.I. say about Woodstown?
The cost of living in 08098 Woodstown, NJ is quite affordable. The overall index for the area is lower than the National Average by nearly 5%, making it an ideal place to live for those looking to save money. In addition, the cost of housing in Woodstown is very reasonable compared to many other areas in New Jersey. While the average cost of renting a one bedroom apartment can be anywhere from $800 to $1,200 a month, buying a home in the area is even more affordable with median household incomes and property taxes being significantly lower than many other parts of New Jersey.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWoodstownNew JerseyUnited States
    Unlock119.8100.0
  103.6  Unlock100.0
    Unlock96.9100.0
  87.4  Unlock100.0
    Unlock$432,100$338,100
  113.3  Unlock100.0
    Unlock127.7100.0
  100.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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