Housing costs in Laurel Lake?
A typical home costs
$133,400, which is 60.5% less expensive than the national average of
$338,100 and 69.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Laurel Lake costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 17.1% cheaper than the state average of
$1,710.
Can I afford Laurel Lake?
To live comfortably in Laurel Lake, New Jersey, a minimum annual income of
$25,560 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Laurel Lake?
The cost of living in Laurel Lake, NJ is incredibly affordable. The median home sale price is just below $200,000 and the average rent for a one-bedroom apartment is around $1,000 per month. Most basic goods and services are very reasonably priced compared to other areas of New Jersey. Additionally, the town is served by several major highways and public transit options making it easy to get around without relying on a vehicle. All these features make Laurel Lake an ideal location for families looking for an affordable place to live without sacrificing convenience or quality of life.