Housing costs in Vernon Valley?
A typical home costs
$287,900, which is 14.8% less expensive than the national average of
$338,100 and 33.4% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Vernon Valley 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 Vernon Valley?
To live comfortably in Vernon Valley, New Jersey, a minimum annual income of
$55,080 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Vernon Valley?
Vernon Valley, NJ is known for its affordable cost of living. The area has a median home value of $211,771, which is far lower than the national average of $222,000. Additionally, the average rent for an apartment in the area is just $1,062 per month. Groceries are also quite affordable; according to BestPlaces's cost of living index, groceries in Vernon Valley are 16% cheaper than those found nationwide. Furthermore, utilities are just 5% higher than the national average. All this makes Vernon Valley an ideal city for those looking to enjoy a high quality of life on a budget.