Housing costs in Lake Mohawk?
A typical home costs
$426,800, which is 26.2% more expensive than the national average of
$338,100 and 1.2% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lake Mohawk costs
$1,870 per month, which is 30.8% more than the national average of
$1,430 and 8.6% more than the state average of
$1,710.
Can I afford Lake Mohawk?
To live comfortably in Lake Mohawk, New Jersey, a minimum annual income of
$81,720 for a family, and
$62,400 for a single person is recommended.
What does A.I. say about Lake Mohawk?
The cost of living in Lake Mohawk, NJ is relatively high. Housing prices in the area are above the national average and rental prices tend to be quite expensive. Despite this, many locals find that the tight-knit community and abundance of outdoor activities make it worth living in the area. As such, Lake Mohawk has become a popular destination for both young professionals and families alike looking for an affordable place to settle down. There are also plenty of dining options available, as well as nearby shopping centers and entertainment venues. All in all, Lake Mohawk is a great place to live if you are willing to pay a bit extra for quality living standards and great amenities.