Housing costs in Lebanon borough?
A typical home costs
$594,100, which is 75.7% more expensive than the national average of
$338,100 and 37.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lebanon borough costs
$2,330 per month, which is 62.9% more than the national average of
$1,430 and 26.6% more than the state average of
$1,710.
Can I afford Lebanon borough?
To live comfortably in Lebanon borough, New Jersey, a minimum annual income of
$113,760 for a family, and
$73,600 for a single person is recommended.
What does A.I. say about Lebanon borough?
The cost of living in Lebanon Borough, NJ is quite reasonable. The median home price is about $300,000, with the median monthly rent at about $1,600. The area has a variety of restaurants and stores offering affordable prices for goods and services. The average commute time to work is around 30 minutes. Additionally, utilities are relatively low when compared to other parts of New Jersey. All together these factors make Lebanon Borough an ideal place to live for people looking for an affordable lifestyle.