Housing costs in The Ponds?
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 The Ponds costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and 4.3% cheaper than the state average of
$1,710.
Can I afford The Ponds?
To live comfortably in The Ponds, New Jersey, a minimum annual income of
$53,640 for a family, and
$52,000 for a single person is recommended.
What does A.I. say about The Ponds?
The cost of living in The Ponds, NJ is significantly higher than the US average. According to Zillow's Real Estate Market Report, the median house value in The Ponds is approximately $717,500, which is more than twice the US average house value of $338,100. This indicates that it may be more expensive for individuals and families to reside in The Ponds compared to other areas around the country. Additionally, goods and services tend to be pricier in The Ponds due to higher demand as well as higher taxes. Despite this cost of living difference, many people still prefer to live in The Ponds because of its strong public services and amenities such as excellent schools, parks, and an abundance of shopping centers nearby.