Housing costs in Interlaken?
A typical home costs
$1,094,500, which is 223.7% more expensive than the national average of
$338,100 and 153.3% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Interlaken 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 Interlaken?
To live comfortably in Interlaken, New Jersey, a minimum annual income of
$209,880 for a family, and
$53,200 for a single person is recommended.
What does A.I. say about Interlaken?
The cost of living in Interlaken, NJ is relatively low compared to the national average. According to Sperling's Best Places, the cost of living index is around 85.3, which is lower than the national average of 100. The median household income in Interlaken is also slightly higher than the national average at $72,072 per year. The median home price in the area is also below the national average at $222,400. In addition, renters can expect to find affordable housing options with a median rent of just $1,159 per month. All in all, Interlaken offers a good quality of life at an affordable cost for its residents.