Housing costs in Mountain Lake?
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 Mountain Lake costs
$1,230 per month, which is 14.0% cheaper than the national average of
$1,430 and 39.0% cheaper than the state average of
$1,710.
Can I afford Mountain Lake?
To live comfortably in Mountain Lake, New Jersey, a minimum annual income of
$54,000 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Mountain Lake?
The cost of living in Mountain Lake, NJ is significantly lower than the US average. The US Cost of Living is 100, while the cost of living in Mountain Lake, NJ is much lower at an estimated 80. This makes living in Mountain Lake a great option for those looking for a lower cost of living without sacrificing on quality of life. In addition, the median value of houses in Mountain Lake is also far below the national average, making it even more attractive to those looking to purchase a new home or invest in real estate. All-in-all, Mountain Lake offers both affordability and comfort for those hoping to settle down or find an ideal place to live.