Vernon, NJ Cost of Living


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Vernon cost of living score
115
More expensive
15.0% higher
than the US average
4.0% lower
than the New Jersey average
Vernon, New Jersey gets a BestPlaces Cost of Living score of 115, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% higher than the U.S. average and 4.0% higher than the average for New Jersey.

Vernon, NJ

Housing costs in Vernon?
A typical home costs $323,500, which is 4.3% less expensive than the national average of $338,100 and 25.1% less expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Vernon costs $1,640 per month, which is 14.7% more than the national average of $1,430 and 4.3% cheaper than the state average of $1,710.

Can I afford Vernon?
To live comfortably in Vernon, New Jersey, a minimum annual income of $61,920 for a family, and $54,400 for a single person is recommended.

What does A.I. say about Vernon?
Vernon, NJ is a great place to live, with many advantages that come with living in the area. One of those advantages is the cost of living. With an average housing price that is significantly lower than the national average, Vernon has become a popular destination for homebuyers looking for more bang for their buck. Additionally, regular expenses like groceries and transportation are also notably lower when compared to other areas. All in all, living in Vernon can be an affordable option that still offers easy access to major cities like New York and Philadelphia.
   Cost of living score
     CategoriesVernonNew JerseyUnited States
  115.0119.8100.0
  102105.8100
  99.196.9100.0
  86.8136.4100.0
  $323,500$432,100$338,100
  100.5%109.2%100.0%
  155.9127.7100.0
  116.6112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Vernon
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Over 17 years ago

For those of you who have an above-median salary, and don't mind commuting BY CAR for employment & university education, Vernon is the place for you. If you like to play  More

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