Cost of Living in Carlls Corner, NJ

With a cost of living index of 99, Carlls Corner, NJ is right around the national average in cost. Living here is 1% cheaper than the national average and 29% below the New Jersey state average of 128. Carlls Corner is a small community of 845 residents.

Housing costs are the biggest factor in Carlls Corner's cost of living. The median monthly rent is $1,652 (25% above the US median of $1,319), and the median home value sits at $196,400 (36% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Carlls Corner is $80,500, which is 7% higher than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Vineland, NJ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.