Housing costs in Ledgewood?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Ledgewood costs
$1,720 per month, which is 20.3% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Ledgewood?
To live comfortably in Ledgewood, New Jersey, a minimum annual income of
$90,000 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Ledgewood?
Living in Ledgewood, NJ can be exspensive compared to the US average. The median value of a house in Ledgewood is $338,100, which is significantly higher than the US average of $200,000. Furthermore, the cost of living in Ledgewood is also higher than the US average of 100. This means that more money has to be allocated towards rent and other day-to-day expenses such as groceries and utilities. Despite this, many still choose to live in Ledgewood due to its close proximity to New York City and its various amenities.