Cost of Living in Crestwood Village, NJ
Population 7,951 · New Jersey · Data vintage 2023
(100 = US avg)
The median resident in Crestwood Village is 72 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals. Unemployment has stayed elevated relative to the national figure — 11.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Geographically, Crestwood Village is about 40 miles east of Philadelphia, the nearest large metro. Median home values run roughly 59% lower than Philadelphia's $232,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Crestwood Village
The median home value in Crestwood Village is $95,700 — 69% below the national median of $305,000. Median rent runs $1,236/month, 6% lower than the national median of $1,314/month. The median household income of $38,396/year is 49% lower than the US median of $74,580. The local unemployment rate is 11.2%, 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 64.4°F and lows of 44.5°F. Overall, Crestwood Village has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.
Crestwood Village has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 41 | 44 | 52 | 64 | 73 | 82 | 87 | 85 | 78 | 66 | 56 | 46 |
| Low °F | 25 | 26 | 33 | 42 | 51 | 61 | 66 | 64 | 57 | 46 | 36 | 29 |
| Precip" | 2.97 | 2.57 | 3.83 | 3.37 | 2.95 | 3.73 | 5.19 | 4.40 | 3.39 | 3.67 | 2.98 | 3.74 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Crestwood Village, NJ?
Crestwood Village has a cost index of 56 (100 = national average). It is 44% below the national average.
What is average rent in Crestwood Village, NJ?
The median gross rent in Crestwood Village is $1,236 per month based on 2023 Census data.
What is the average home price in Crestwood Village?
The median home value in Crestwood Village is $95,700 according to 2023 Census ACS data.
What is the median income in Crestwood Village?
The median household income in Crestwood Village is $38,396 per year (2023 ACS 5-year estimates).
What is the sales tax in Crestwood Village, NJ?
The combined state and local sales tax rate in Crestwood Village is 6.6%. The New Jersey state income tax top rate is 10.8%.
Is Crestwood Village, NJ affordable?
Yes, Crestwood Village is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.
What is the weather like in Crestwood Village?
Crestwood Village has average high temperatures of 64.4°F and average lows of 44.5°F. Annual precipitation is 42.8". Data from NOAA 1991–2020 Climate Normals.
Crestwood Village at a Glance
- Population
- 7,951
- Median Income
- $38,396
- Home Value
- $95,700
- Median Rent
- $1,236/mo
- Unemployment
- 11.2%
- Avg High Temp
- 64.4°F
- Sales Tax
- 6.6%
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