According to the most recent data on the cost of living, Stratford has an overall cost of living index of 105 which is 1.1x higher than the national index of 100.
Compared to only New Jersey, Stratford has a cost of living index that's 0.9x lower than New Jersey's index of 123.
The standard of living in Stratford ranks as #3705 most affordable out of the 6522 places we measured in New Jersey. By definition, that implies Stratford ranks as the #2702 most expensive place in the Garden State.
Living Expense | Stratford | New Jersey | National Average | |
---|---|---|---|---|
Overall | 105 | 123 | 100 | |
Services | 105 | 111 | 100 | |
Groceries | 117 | 110 | 100 | |
Health | 103 | 102 | 100 | |
Housing | 96 | 158 | 100 | |
Transportation | 115 | 110 | 100 | |
Utilities | 108 | 100 | 100 |
Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Stratford | New Jersey | United States |
---|---|---|---|
Median Home Value | $182,900 | $327,900 | $204,900 |
Median Rent | $962 | $1,295 | $1,023 |
Median Income | $80,233 | $79,363 | $60,293 |
Home Value To Income | 2.3x | 4.1x | 3.4x |
Rent To Monthly Income | 0.14x | 0.2x | 0.2x |
City | Population | Cost Of Living | Vs. Stratford | Lindenwold, NJ | 17,354 | 99 | 0.9x | Springdale, NJ | 13,547 | 132 | 1.3x | Ardmore, PA | 13,083 | 123 | 1.2x | Echelon, NJ | 11,586 | 109 | 1.0x | Greentree, NJ | 11,453 | 126 | 1.2x | Marlton, NJ | 9,990 | 115 | 1.1x | Folsom, PA | 8,707 | 110 | 1.0x | Ashland, NJ | 8,292 | 117 | 1.1x | Haddon Heights, NJ | 7,491 | 117 | 1.1x | Swarthmore, PA | 6,304 | 129 | 1.2x |
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