Housing costs in Pine Lake Park?
A typical home costs
$327,300, which is 3.2% less expensive than the national average of
$338,100 and 24.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Pine Lake Park costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 11.0% cheaper than the state average of
$1,710.
Can I afford Pine Lake Park?
To live comfortably in Pine Lake Park, New Jersey, a minimum annual income of
$62,640 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Pine Lake Park?
The cost of living in Pine Lake Park, NJ is relatively high compared to other parts of the state. The median home price in this area is around $351,000, which is significantly higher than the national average of $231,200. Additionally, basic goods and services such as groceries and transportation are also more expensive here. The overall cost of living index stands at 127.6, which means that it is 27.6% above the national average. Fortunately, there are several affordable housing options for those who can’t afford to buy a home here, including apartments and condos that range from moderately priced to luxurious.