Housing costs in Highland Lakes?
A typical home costs
$288,800, which is 14.6% less expensive than the national average of
$338,100 and 33.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Highland Lakes costs
$1,670 per month, which is 16.8% more than the national average of
$1,430 and 2.4% cheaper than the state average of
$1,710.
Can I afford Highland Lakes?
To live comfortably in Highland Lakes, New Jersey, a minimum annual income of
$55,440 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Highland Lakes?
Highland Lakes, NJ is an affordable place to live with a relatively low cost of living compared to the rest of the state and country. The median home cost for a house in Highland Lakes is about $387,000 USD, which is lower than the national average of around $500,000 USD. Utilities and other monthly bills are also quite affordable and easy to manage with average bills being significantly lower than those found in other parts of New Jersey and the United States. Food costs in Highland Lakes are also quite reasonable, as the area boasts many excellent restaurants that provide high-quality meals at very reasonable prices. Additionally, tax rates in Highland Lakes are slightly lower than both national and statewide averages, providing homeowners and renters alike with some extra cash.