Housing costs in Olivet?
A typical home costs
$298,900, which is 11.6% less expensive than the national average of
$338,100 and 30.8% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Olivet costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 23.0% cheaper than the state average of
$1,710.
Can I afford Olivet?
To live comfortably in Olivet, New Jersey, a minimum annual income of
$57,240 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Olivet?
Olivet, NJ is a great place to live with an affordable cost of living. The median home price in the area is around $200,000 which is significantly lower than nearby towns and cities. The cost of groceries, utilities, and healthcare are all much lower than the national average. Additionally, the local taxes are very reasonable compared to neighboring towns. All in all, Olivet is a great place to live with a cost of living that won’t break the bank.