Housing costs in Lambertville?
A typical home costs
$506,500, which is 49.8% more expensive than the national average of
$338,100 and 17.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lambertville costs
$1,770 per month, which is 23.8% more than the national average of
$1,430 and 3.4% more than the state average of
$1,710.
Can I afford Lambertville?
To live comfortably in Lambertville, New Jersey, a minimum annual income of
$97,200 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Lambertville?
Lambertville, NJ is known for its high cost of living. The median home value in the city is over $350,000 and rent prices are amongst the highest in New Jersey. Groceries and other basic necessities are also quite expensive due to the small-town atmosphere. In addition, taxes in Lambertville are generally higher than in most cities across the state. Despite this, many people flock to the city because of its unique charm and close proximity to Philadelphia and New York City.