Housing costs in Lower?
A typical home costs
$515,900, which is 52.6% more expensive than the national average of
$338,100 and 19.4% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lower costs
$1,560 per month, which is 9.1% more than the national average of
$1,430 and 9.6% cheaper than the state average of
$1,710.
Can I afford Lower?
To live comfortably in Lower, New Jersey, a minimum annual income of
$99,000 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Lower?
The cost of living in Lower, NJ is relatively high compared to other areas in the United States. The median home value in Lower, NJ is $365,200, which is almost double the national median home value of $181,400. Additionally, the cost of goods and services in Lower,NJ is nearly 20% higher than the US average. Renting an apartment in Lower, NJ can be expensive as well; for a one-bedroom unit in this area you can expect to pay around $1,400 per month. Furthermore, transportation costs are also quite high here due to limited public transportation options and congested traffic during peak hours. All these factors contribute toward making the cost of living in Lower, NJ higher than most places across America.