Housing costs in Hi-Nella?
A typical home costs
$203,300, which is 39.9% less expensive than the national average of
$338,100 and 53.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hi-Nella costs
$1,270 per month, which is 11.2% cheaper than the national average of
$1,430 and 34.6% cheaper than the state average of
$1,710.
Can I afford Hi-Nella?
To live comfortably in Hi-Nella, New Jersey, a minimum annual income of
$38,880 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Hi-Nella?
The cost of living in Hi-Nella, NJ is quite reasonable. The average home value in Hi-Nella is $293,200, which is slightly higher than the national median of $245,000. However, the median household income in Hi-Nella is slightly lower than the national median at $94,788 compared to $64,200 nationally. This means that residents are able to purchase more home for their money compared to other parts of the country. Taxes are also relatively low with property taxes coming in at an average of 1.73%, significantly lower than other states. Groceries and utilities also remain low making it a great place to live for those looking for a budget friendly location.