Housing costs in Camden?
A typical home costs
$94,800, which is 72.0% less expensive than the national average of
$338,100 and 78.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Camden costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 30.5% cheaper than the state average of
$1,710.
Can I afford Camden?
To live comfortably in Camden, New Jersey, a minimum annual income of
$18,000 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Camden?
Camden, New Jersey has a cost of living index rating far lower than that if the nation at 79 due mostly to extremely low housing costs making up just 29% - well below the national average 43%. Utility costs are also relatively low owing most likely to cheaper electricity sources such as hydroelectricity providing citizens with an accessible option while having access to similar amenities found citywide from whatever municipality they call home. Transportation (13%) and groceries (11%) also contribute greatly towards overall grossly reduced total expenses when contrasted against many other American towns .