Cost of Living in Stratford, NJ

Population 6,965 · New Jersey · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Stratford sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 14 miles southeast of Philadelphia, Stratford falls within that metro's commuting orbit. Housing prices track closely with Philadelphia's $232,000 median.

Cost Overview

Housing 78
Rent 89

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

About the Cost of Living in Stratford

The median home value in Stratford is $238,200 — 22% below the national median of $305,000. Median rent runs $1,172/month, 11% lower than the national median of $1,314/month. The median household income of $100,735/year is 35% higher than the US median of $74,580. The local unemployment rate is 4.3%, below 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 65.2°F and lows of 47.3°F, with about 23.1" of annual snowfall. Overall, Stratford has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$238,200
22% below avg
Zillow Home Value
$318,623
Zillow ZHVI
Median Rent
$1,172/mo
11% below avg
Price-to-Rent Ratio
16.9x
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 72.6%
Renter-occupied 27.4%

💰 Estimated Monthly Budget

Rent median rent
$1,172
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,786/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
33.3 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.4%

Commute Mode

Drove alone
73.6%
Carpooled
7.1%
Public transit
5.7%
Walked
0.3%
Work from home
11.4%

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
$100,735
35% above avg
Per Capita Income
$45,289
Unemployment Rate
4.3%
10% below avg
Poverty Rate
10.2%
Labor Force Participation
69.5%

🎓 Education

Bachelor's degree+ 22.8%
Graduate degree 9.7%

👥 Demographics

Median Age 36.2
Male median age 33.6
Female median age 41.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.2°F
Avg Low
47.3°F
Annual Precip
44.1"
Annual Snowfall
23.1"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414453657483888679675646
Low °F 262834445464706861493931
Precip" 3.132.753.963.473.344.044.384.294.403.472.913.97
Snow" 7.18.43.60.30.00.00.00.00.00.00.23.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 50 — Good
50.4%
Good air days/yr
211
Max AQI recorded
209
PM2.5 days
149
Ozone days

Frequently Asked Questions

What is the cost of living in Stratford, NJ?

Stratford has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Stratford, NJ?

The median gross rent in Stratford is $1,172 per month based on 2023 Census data.

What is the average home price in Stratford?

The median home value in Stratford is $238,200 according to Zillow and Census data.

What is the median income in Stratford?

The median household income in Stratford is $100,735 per year (2023 ACS 5-year estimates).

What is the sales tax in Stratford, NJ?

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

Is Stratford, NJ affordable?

Yes, Stratford is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.

What is the weather like in Stratford?

Stratford has average high temperatures of 65.2°F and average lows of 47.3°F. Annual precipitation is 44.1". Average annual snowfall is 23.1". Data from NOAA 1991–2020 Climate Normals.

Stratford at a Glance

Population
6,965
Median Income
$100,735
Home Value
$238,200
Median Rent
$1,172/mo
Unemployment
4.3%
Avg High Temp
65.2°F
Sales Tax
6.6%
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Explore county-level cost of living data

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