Housing costs in Bordentown?
A typical home costs
$351,500, which is 4.0% more expensive than the national average of
$338,100 and 18.7% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Bordentown costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 10.3% cheaper than the state average of
$1,710.
Can I afford Bordentown?
To live comfortably in Bordentown (zip 08505), New Jersey, a minimum annual income of
$67,320 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Bordentown?
The cost of living in 08505 Bordentown, NJ is quite high compared to the national average. According to BestPlaces, the cost of living index for 08505 Bordentown, NJ is 123.65, which is 23.65% higher than the US average. In terms of groceries and eating out, prices tend to be a bit higher than what one would find in other towns in New Jersey and the United States as a whole. Housing costs are also much higher than the national median, with a median asking price for a home in 08505 Bordentown being over $375,000 USD. Despite these high costs, many people still choose to live here due to its close proximity to New York City and Philadelphia.