Cost of Living in Bargaintown, NJ

Population 5,231 · New Jersey · Data vintage 2023

131
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bargaintown is a smaller New Jersey community of around 5000 residents, where median household incomes of $127,734 and housing costs ($307,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 8.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 55 miles southeast of Philadelphia, Bargaintown is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 32% higher than Philadelphia's $232,000.

Cost Overview

Housing 101
Rent 177

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bargaintown

The median home value in Bargaintown is $307,100 — 1% above the national median of $305,000. Median rent runs $2,320/month, 77% higher than the national median of $1,314/month. The median household income of $127,734/year is 71% higher than the US median of $74,580. The local unemployment rate is 8.8%, above the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 65.1°F and lows of 45.1°F, with about 17.4" of annual snowfall. Overall, Bargaintown has a cost of living index of 131 versus the US average of 100, meaning it is 31% more expensive.

🏠 Housing

Median Home Value
$307,100
1% above avg
Median Rent
$2,320/mo
77% above avg
Price-to-Rent Ratio
11.0x
Favors buying
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 94.7%
Renter-occupied 5.3%

💰 Estimated Monthly Budget

Rent median rent
$2,320
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,934/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.3 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.6%

Commute Mode

Drove alone
74.2%
Carpooled
5.2%
Work from home
20.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$127,734
71% above avg
Per Capita Income
$62,955
Unemployment Rate
8.8%
84% above avg
Poverty Rate
5.9%
Labor Force Participation
64.8%

🎓 Education

Bachelor's degree+ 30.7%
Graduate degree 14.4%

👥 Demographics

Median Age 48.2
Male median age 45
Female median age 51.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.1°F
Avg Low
45.1°F
Annual Precip
46"
Annual Snowfall
17.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434653637382878579685748
Low °F 252633425161676558463729
Precip" 3.383.234.523.323.343.584.474.593.554.143.374.47
Snow" 5.75.92.20.30.00.00.00.00.00.00.13.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
74%
Good air days/yr
265
Max AQI recorded
223
PM2.5 days
142
Ozone days

Frequently Asked Questions

What is the cost of living in Bargaintown, NJ?

Bargaintown has a cost index of 131 (100 = national average). It is 31% above the national average.

What is average rent in Bargaintown, NJ?

The median gross rent in Bargaintown is $2,320 per month based on 2023 Census data.

What is the average home price in Bargaintown?

The median home value in Bargaintown is $307,100 according to 2023 Census ACS data.

What is the median income in Bargaintown?

The median household income in Bargaintown is $127,734 per year (2023 ACS 5-year estimates).

What is the sales tax in Bargaintown, NJ?

The combined state and local sales tax rate in Bargaintown is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Bargaintown, NJ affordable?

Bargaintown is above average in cost of living, with an index of 131 — about 31% higher than the national average.

What is the weather like in Bargaintown?

Bargaintown has average high temperatures of 65.1°F and average lows of 45.1°F. Annual precipitation is 46". Average annual snowfall is 17.4". Data from NOAA 1991–2020 Climate Normals.

Bargaintown at a Glance

Population
5,231
Median Income
$127,734
Home Value
$307,100
Median Rent
$2,320/mo
Unemployment
8.8%
Avg High Temp
65.1°F
Sales Tax
6.6%
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