Housing costs in Vernon?
A typical home costs
$251,100, which is 25.7% less expensive than the national average of
$338,100 and 41.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Vernon costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and 4.9% cheaper than the state average of
$1,710.
Can I afford Vernon?
To live comfortably in Vernon (zip 07462), New Jersey, a minimum annual income of
$48,240 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Vernon?
The cost of living in 07462 Vernon, NJ is above the national average. According to BestPlaces services, the cost of living index for 07462 Vernon, NJ is 121.97, which is 21.97% higher than the United States average. The average rent for a one bedroom apartment in this zip code is $988 per month and groceries are 7.73% higher than the national average. The overall cost of transportation is 4.42% lower than the national average and healthcare costs are 4.28% higher than the United States average. This area has an upper-medium range of prices for day-to-day expenses with some items such as transport and healthcare being slightly more expensive than most parts of the country.