7 Safest and Cheapest Cities To Live in New Jersey
Living in the Garden State is cheaper than in its neighboring state, New York, and allows for an easy commute. However, the cost of living in New Jersey is 20.4% higher than the average for the U.S., according to New Jersey Real Estate Network.
Learn more: How Far a $100,000 Salary Goes in America’s 50 Largest Cities
Try this: 6 Unusual Ways To Make Extra Money (That Actually Work)
Although it costs more to live here compared to much of the country, when it comes to safety, you can’t find a safer state than New Jersey, according to a study by Innerbody. If you’re looking to move to New Jersey, you might want to consider these seven cities.
Rahway
Median Home Value: $ 276,500
Rahway is situated in southern Union County and of all the cities on our list, is the closest to New York. Situated in the Rahway Valley on the bank of Rahway River, it’s one of the most affordable towns in northern New Jersey.
New Brunswick
Median Home Value: $ 267,200
New Brunswick, in Central New Jersey, is known for Rutgers University and is an important financial hub for the state. It’s also a healthcare hub thanks to its many medical centers.
Phillipsburg
Median Home Value: $ 144,200
Phillipsburg is on the bank of the Delaware River opposite Pennsylvania in Lehigh Valley and is midway between Philadelphia and New York City. It’s one of the safest and most affordable places to raise a family in the state.
Toms River Township
Median Home Value: $ 298,800
Toms River Township is situated midway between New Jersey and New York and it’s one of the most affordable towns in central New Jersey, according to The Holiday Story noted.
Absecon
Median Home Value: $192,900
Absecon is a shore town and one of the cheapest places for renters to live in New Jersey. It’s also 15 minutes away from the boardwalk and ocean, making it perfect for beach lovers.
Audubon City
Median Home Value: $223,200
Audubon City, in Camden County, is considered the safest suburb of Philadelphia, even though it’s in New Jersey. “People looking for a reasonably priced home near the town come here first, and the cost of livelihood is tempting. Citizens love to spend quality time in the laps of nature in the nearby Cooper River Park,” the Holiday Story report commented.
Borough of Pompton Lakes
Median Home Value: $ 324,700
Pompton Lake, in the northern part of the state, is one of the most distant suburban cities from Manhattan, New York. The Holiday Story noted that this densely populated suburban city has many bars and cafes and is one of the cheapest places to live in North Jersey.
More From GOBankingRates
I Was Retired, but Wasted Big Money On These 3 Things and Had To Go Back To Work
7 Things to Do With Your Savings in 2024 to Grow Your Wealth
4 Reasons You Should Be Getting Your Paycheck Early, According to An Expert
This article originally appeared on GOBankingRates.com: 7 Safest and Cheapest Cities To Live in New Jersey