New Jersey is often associated with high living costs, as the state is known for its bustling cities, beautiful beaches, and iconic landmarks. Despite this, you can still find several affordable cities and towns that offer great value for money. Even though New Jersey is one of the smallest states, it’s the home to a diverse range of communities, each with its unique flavor and lifestyle. The state is known for its excellent education systems, robust job market, and proximity to major metropolitan areas. All these factors make it an ideal place to live, work, and raise a family. In this article, we at Van Express New Jersey will present to you our list of the most affordable cities in New Jersey.
What is the cost of living in New Jersey?
The cost of living in New Jersey is higher than the national average but varies by region and city. According to data from the US Bureau of Labor Statistics, the cost of living in New Jersey is about 22% higher than the national average. Housing costs are a major factor in the cost of living. The average home value in New Jersey is around $450,000, much higher than the national average. Similarly, the average monthly rent for a two-bedroom apartment in the state is around $2,500. New Jersey has some of the highest property taxes in the country, which can significantly impact the overall cost of living.
However, the state also has a robust job market, with many high-paying jobs in industries such as finance, healthcare, and technology. These jobs can help offset the high cost of living. Despite the higher costs, many people choose to live in New Jersey. It provides excellent schools, cultural amenities, and proximity to major cities such as New York and Philadelphia. It’s no wonder why so many people decide to get in touch with local movers in New Jersey and plan their move to this state!
What are the most affordable cities in New Jersey?
Let’s now take a look at these great affordable cities in New Jersey, where life wouldn’t be too heavy of a financial burden. Just because the state is more on the expensive side, it doesn’t mean there aren’t many great affordable cities in New Jersey for every budget.
Pompton Lakes is a borough in Passaic County, New Jersey, with an estimated population of around 11,000. The average home value in Pompton Lakes is $381,000, which is slightly higher than the national average. However, the average rent for a two-bedroom apartment is around $1,700, which is lower than the state average. Pompton Lakes has plenty of outdoor recreational opportunities, with hiking trails, parks, and lakes, such as the Pompton Aquatic Park, perfect for boating and fishing. The town also has a variety of restaurants, bars, and cafes that offer a range of cuisines, including Italian and Japanese. In addition, there are several local festivals and events throughout the year, such as the Pompton Day festival, which celebrates the town’s heritage and culture. We have some of the most reliable Pompton Lakes NJ movers, so make sure to give us a call to help you out.
Trenton is the capital of New Jersey and has a population of around 85,000. The median home price in Trenton is around $100,000, making it one of the most affordable cities in New Jersey. Trenton has a rich history and is home to several historic landmarks, such as the Old Barracks Museum and the Trenton Battle Monument, which commemorate the city’s role in the Revolutionary War. The city is also home to several parks, including Trenton City Park and Cadwalader Park, which offer residents opportunities for outdoor recreation. In addition, Trenton is home to several higher education institutions, including Thomas Edison State University and Mercer County Community College.
Vineland is a city with a population of around 60,000. The median home price is slightly below $200,000, while the average rent is around $1,400. It is definitely one of the most affordable cities in New Jersey. The town is known for its vineyards and wineries, hence its name. There are plenty of things to do and see there, like the Vineland Veterans Memorial Park, the Landis Theater, etc. There is no shortage of bars, restaurants, and clubs, so you will definitely be able to spend some quality time outside for an affordable price. Our moving and packing services in NJ are equally affordable, so regardless of your budget, you will be able to relocate to New Jersey without any issues.
Woodbury is a town on the smaller side of the scale. It has a population of just around 10,000 people. The average home value is around $175,000, which makes it a great place for people who are looking for affordable housing. Given the state of today’s real estate market, this price is a steal! While the city itself is small, it has a big heart. That is something you can feel when you visit the Woodbury Station Cafe, which serves coffee, tea, and pastries in a historic train station. It also has several great parks, like Woodbury Creek Park. You can spend your time enjoying the walking trails and fishing.
Pine Hill is a small borough located in Camden County, New Jersey. As you can imagine, it got its name after the abundance of pine trees that surround the area. The average rent for a one-bedroom apartment in Pine Hill is around $1,400 per month, while the average home value is about $140,000. One of the reasons for its affordability is the fact that it has just over 10,000 residents. The economy of the town is small but is nevertheless stable. The borough offers a range of activities for residents and visitors, including the Pine Valley Golf Club, a world-renowned golf course, and the Pine Hill Lake Park, a popular spot for fishing and picnicking. The borough also hosts an annual Pine Hill Day celebration, featuring live music, food trucks, and carnival rides.
Somersdale is the smallest place on our list of the most affordable cities in New Jersey. It has just over 6,000 residents! With this, you can expect that the average home and rent value is both low and affordable. The median home price is about $150,000, while the average rent is around $1,400. The borough offers a variety of activities for residents and visitors, including Somerdale Park, which features sports fields and playgrounds, and the Palace Roller Skating Center, a popular destination for family fun For those who love shopping and dining, the Somerdale Shopping Center and the nearby Voorhees Town Center offer a range of options. The borough is also home to several local breweries, including Flying Fish Brewery and Lunacy Brewing Company.
The cost of living in Paterson is about 10% lower than the New Jersey average. Housing costs are a significant factor in the lower cost of living. The average home value in Paterson is around $238,000, which is significantly lower than the state average. Additionally, the average rent for a two-bedroom apartment in Paterson is around $1,500. This makes it an affordable option for renters. Paterson also has a variety of attractions, including the Paterson Great Falls National Historical Park, which offers scenic views and walking trails. You will also enjoy diverse dining options, including restaurants serving Middle Eastern and Latin American cuisine. Just make sure to hire only the best Passaic County movers for your relocation, to ensure it is a smooth and enjoyable experience!
Toms River is a township in Ocean County, New Jersey, with a population of around 90,000. The average home value in Toms River is $279,000, which is slightly higher than the national average. However, the average rent for a two-bedroom apartment is around $1,500. That is definitely more affordable compared to other cities in New Jersey. Toms River has several attractions, including the Cattus Island County Park, which offers walking trails, a nature center, and kayaking. The township is also known for its beaches, including Ortley Beach and Island Beach State Park. You can kick back and enjoy this place, as it offers the perfect blend of living in a town while still not being surrounded by the constant noise of the big city. Use the help of our Toms River movers to comfortably relocate here.
Egg Harbor is a charming town located in Atlantic County, NJ. It is named after the egg-shaped bay it sits on. With the average home value being around $200,000 and rent about $1,500, it’s definitely one of the most affordable cities to live in in New Jersey and wider. It’s a place with about 50,000 residents, so it offers all the amenities and entertainment options you can think of given its size. There is no shortage of places to eat and drink it, regardless of the cuisine and type of beverage you prefer. The city has a great transportation system and great healthcare facilities, all very affordable to everyone. Finding reliable Egg Harbor Township movers will be equally affordable and easy.
Atlantic City is a bustling coastal town in New Jersey with a population of around 38,000 residents. What makes this city a great place to live is its vibrant and diverse community, as well as its prime location on the beach. Living in Atlantic City offers easy access to the boardwalk and the Atlantic Ocean, making it a great spot for outdoor activities like swimming, surfing, and fishing. The city is also home to a wide range of entertainment options, including world-class casinos, restaurants, and music venues. Additionally, Atlantic City has a rich history, with many landmarks and museums that celebrate its past as a hub of tourism and entertainment. The median home price in Atlantic City is around $150,000, making it one of the most affordable cities in New Jersey.
Irvington is a township in Essex County, New Jersey with a population of around 54,000 residents. The median home price in Irvington is around $160,000, making it an affordable option for those looking to buy property. Rent prices in Irvington are also relatively affordable, with the median rent for a one-bedroom apartment around $1,300. In terms of attractions, Irvington is located near several major cities, including Newark and New York City, which offer a variety of cultural and entertainment options. The township is also home to the historic Clinton Cemetery, which dates back to the early 19th century and is the final resting place of many notable figures in local history.
Camden is the most affordable city in New Jersey in terms of housing
Camden’s median home price is around $90,000 and that makes it the most affordable city in New Jersey in terms of housing prices. It is located just across the Delaware river from Philadelphia. The population is about 77,000 residents, so it’s definitely not a small town. You can enjoy everything a city this size has to offer while living a very comfortable and affordable life. Camden is home to a number of attractions, including the Adventure Aquarium, the Battleship New Jersey Museum and Memorial, and the Camden Waterfront, which features a variety of restaurants, shops, and entertainment venues. It’s a town on the rise, so make sure to capitalize on this opportunity if you wish to relocate to New Jersey.
New Brunswick is a vibrant, yet one of the most affordable cities in New Jersey located in Middlesex County. The average rent for a one-bedroom apartment in New Brunswick is around $1,700 per month. The average home value is about $300,000. While it isn’t as affordable as some other cities on this list, this is still below the NJ average. Despite being a bustling city, New Brunswick is still considered relatively affordable compared to nearby cities. The city offers a variety of attractions, including the Zimmerli Art Museum, the George Street Playhouse, and the Rutgers Gardens. The city also has a diverse restaurant scene with a range of cuisines, including Italian, Indian, and Korean. If this sounds appealing, get in touch with our New Brunswick movers and start packing!