Housing costs in Holland?
A typical home costs
$405,700, which is 20.0% more expensive than the national average of
$338,100 and 6.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Holland costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Holland?
To live comfortably in Holland, New Jersey, a minimum annual income of
$77,760 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Holland?
The cost of living in Holland, NJ is slightly higher than the national average. According to Sperling's Best Places, the cost of living index for Holland is 121.6, which is nearly 20 points higher than the national average of 100. That being said, housing costs in Holland are still quite reasonable compared to other areas in New Jersey. The median home price in the area is around $290,000, and the median rent price for a one-bedroom apartment is around $1,150 per month. Other basic necessities such as groceries and utilities can be more expensive than average, so it’s important to factor that into your budget if you plan on living in Holland.