Housing costs in Oak Valley?
A typical home costs
$192,500, which is 43.1% less expensive than the national average of
$338,100 and 55.5% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Oak Valley costs
$1,730 per month, which is 21.0% more than the national average of
$1,430 and close to the state average of
$1,710.
Can I afford Oak Valley?
To live comfortably in Oak Valley, New Jersey, a minimum annual income of
$36,720 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Oak Valley?
The cost of living in Oak Valley, NJ is very reasonable compared to other parts of the country. The median home price in Oak Valley is just over $300,000, which is much lower than the national average. Additionally, utility bills are relatively inexpensive due to the abundance of local renewable energy sources. Grocery costs are also quite competitive and residents can find many great deals at local stores. Overall, Oak Valley offers a great quality of life without breaking the bank.